summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to Holocaust victims insurance relief. Financial Services.
AI Summary
This bill aims to provide relief and resolution for Holocaust victims and their families regarding unpaid or wrongfully paid insurance claims. It requires insurance companies doing business in Massachusetts that sold policies in Europe before 1945 to disclose information about those policies, including the status of payouts, and certify whether the proceeds have been distributed. The bill also establishes a central registry to house this information and allows Holocaust victims or their heirs to bring legal action to recover on those claims, regardless of statutes of limitation. Additionally, the bill empowers the Commissioner of Insurance to take enforcement actions against non-compliant insurers.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see S2496 (on 04/30/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/S510 |
| Bill | https://malegislature.gov/Bills/190/S510.pdf |
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