« Should fine arts factor into school grades? | Main | Counties concerned about Department of Health reorganization plan »

Ileana Ros-Lehtinen targets Allianz for its role in golf tourney

Rep. Ileana Ros-Lehtinen, R-Miami, is again urging the PGA to drop the German insurer Allianz as a sponsor of a pro golf tournament in Boca Raton for the company's refusal to pay life insurance claims to Holocaust survivors.

Here's her statement on the tournament: "For seven decades, Allianz has failed to fulfill its obligations to Holocaust survivors," she said Monday in a statement. "Following World War II, survivors were denied access to funds they were owed when companies like Allianz told survivors they lacked the proper documentation to make claims on their families' insurance policies." 

"To add insult to injury, Allianz is sponsoring this event in Florida, home to one of the largest populations of Holocaust survivors in the country. Allianz should be bending over backwards to ensure that this community is granted justice, instead of making excuses and then parading its assets in front of survivors. It is far past time for Allianz to open its Holocaust-era records and pay out Holocaust-era policies."

Ros-Lehtinen, chairwoman of the House Foreign Affairs Committee, has taken a vocal stand as she pushes legislation through Congress that would allow potentially thousands of Holocaust-era policyholders in South Florida and elsewhere to sue Allianz and other European insurers in U.S. courts for unpaid life insurance policies. Rep. Ted Deutch, D-Boca Raton, is a co-sponsor. 

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Edward J. Alweis

Does Allianz own the Pimco closed-end funds?

The comments to this entry are closed.