Holocaust Insurance Accountability Act of 2023

The Holocaust Insurance Accountability Act of 2023 (S 1179) creates a federal legal pathway for beneficiaries of Holocaust-era insurance policies to sue insurers for unpaid claims. It directly affects Holocaust survivors or their heirs who held life, property, or other insurance policies issued between 1933-1945 to people in Nazi-occupied areas or Switzerland. The bill establishes a new federal right to sue, overrides a 2003 Supreme Court ruling that previously blocked such claims, sets a 10-year deadline for filing lawsuits, and blocks defenses based on past settlements or foreign policy arguments. It does not change state disclosure laws but ensures beneficiaries can pursue claims under state law or federal court.