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CONSUMERS: 1999 PRESS RELEASE

For Release: March 3, 1999
Media Calls Only: 916-492-3566

COMMISSIONER CHUCK QUACKENBUSH DEPLOYS TEAM TO LONDON MEETING OF INTERNATIONAL COMMISSION ON HOLOCAUST-ERA INSURANCE CLAIMS (ICHEIC)

SACRAMENTO – Insurance Commissioner Chuck Quackenbush today re-emphasized his continued commitment to fairly, quickly and fully provide restitution of unpaid insurance policies to Holocaust victims and heirs who have been denied payment on those policies for more than fifty years.

Commissioner Quackenbush was represented at the March 2 and 3, 1999, ICHEIC meeting by a three-member team, which reported as follows:

"We have again made very clear Commissioner Quackenbush’s position that our first and foremost responsibility is to protect the rights of Holocaust victims—people who have endured the revocation of their rights in measure singular in its level of inhumanity."

"To that end, we must remember, as we reminded the Commission again these last two days, that time is of the essence. The average age of survivors is 80 years. We remain resolved to moving forward with all necessary speed to complete the difficult preliminary work so that we can begin making payment on claims as soon as possible."

"Those gathered at the ICHEIC table have thus far demonstrated an admirable commitment to engaging in thoughtful, focused and reasonable discussion that we are hopeful will ultimately help us resolve the complex issues at hand."

"We look forward to working in continued goodwill and purpose with those who have committed to this commission as the appropriate vehicle for righting this historic wrong."

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