Bill · H.R. 3008· House(119-HR-3008)
Holocaust Insurance Accountability Act of 2025
- Introduced
- 4/24/2025
- Last activity
- 4/24/2025 — Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- David Kustoff
- Cosponsors
- - 0 - 2
- Introduced
- In Committee
What this bill would do
The Holocaust Insurance Accountability Act of 2025 aims to restore legal rights for people claiming benefits from insurance policies issued between January 31, 1933, and December 31, 1945. It allows for the enforcement of State laws requiring the disclosure of information about these policies. The bill creates a new Federal private cause of action for beneficiaries to sue insurers in U.S. courts to recover proceeds. It removes certain defenses based on prior judgments or executive foreign policy that previously blocked these claims. Beneficiaries have 10 years from the date of enactment to file these actions.
Yes· 3 of 8
Would people over 65 be better off under this?+7
Directly benefits survivors and their direct heirs who are likely in senior age brackets.
Would retired people be better off under this?+7
High potential for financial recovery for elderly beneficiaries and heirs.
Does this protect the right to fair treatment by the courts?+6
Restores legal rights for claimants to seek restitution for Holocaust-era policies.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Recovery of Policy Proceeds: Beneficiaries can bring civil actions against insurers or related companies to recover money due under covered policies (Section 4(a)).
- Financial Compensation and Interest: Prevailing beneficiaries can receive the policy proceeds plus prejudgment interest at a rate of 6 percent per year, compounded annually (Section 4(c)(1)(A)).
- Protection Against Bad Faith: If a court finds an insurer acted in bad faith, the beneficiary can be awarded treble damages, which is 3 times the original award amount (Section 4(c)(1)(B)).
- Access to Legal Counsel: The law requires courts to award reasonable attorney's fees and costs to a prevailing beneficiary (Section 4(c)(2)).
- Removal of Legal Barriers: The bill prevents prior judgments or settlement agreements from blocking claims if those agreements were based on the idea that foreign policy preempted State law (Section 2(4) and Section 5(a)).
- Extended Time to File: It provides a uniform 10-year statute of limitations from the date of enactment for people to recover under these policies (Section 2(5) and Section 8).
Potential Negative Impacts for People
- Deadline for Claims: People who do not file their civil actions within 10 years after the date of enactment will be barred from bringing a suit under this section (Section 4(d)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+7Good For Seniors+7Good For Immigrants+5
- Governance And Ideology
- Improves Due Process+6Increase States Rights+4Increases Federal Power+3
- Economy And Finance
- Improves Consumer Protection+5
- Social Issues And Justice
- Improves Poverty Reduction+2
- 10/3/2025
- 1 Cosponsor added.
- 4/24/2025
- Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 1 Cosponsor added.
- Introduced in House
Eugene VindmanDemocrat · Virginia
Debbie Wasserman SchultzDemocrat · Florida