Closing the Books

The International Commission on Holocaust Era Insurance Claims (ICHEIC) was established in August 1998 to identify, settle, and pay individual Holocaust era insurance claims at no cost to claimants. ICHEIC was established in 1998 following negotiations between representatives of international Jewish and survivor organizations, the State of Israel, European insurance companies and U.S. insurance regulators. The result of the negotiations, a Memorandum of Understanding ( MOU ), was signed on August 25, 1998, by several European insurance companies - became the basis of ICHEIC. The International Commission on Holocaust Era Insurance Claims ceased accepting claim forms/applications from Holocaust survivors on March 31, 2004. This book deals with the aftermath of the efforts at restitution by the European insurance industry prodded by threats of lawsuits in the United States. It tells the story of successful restitution of Holocaust-era insurance claims.