Despite signing an agreement Monday allowing an international commission to determine its liability in Holocaust-era life insurance policies, the major Italian insurance company Assicurazioni Generali insists it will pay no more than $100 million.
A company spokesman, Dan Leonard, told The Jewish Week that Generali was still committed to honoring a $100 million settlement it reached last month with lawyers for survivors and their heirs who hold unpaid policies.
Palestinian President Yasir Arafat is planning to use the debates in the 53rd session of the General Assembly that begin here Monday as a platform from which to reaffirm his intention to declare a Palestinian state next year, according to a Palestinian official at the United Nations.
Although Israeli Prime Minister Benjamin Netanyahu is slated to address the General Assembly next Thursday — four days ahead of Arafat — Israeli officials expect him to warn that such a move would “destabilize the whole Middle East.”
The second time, it turns out, was the charm for Eliot Spitzer. After finishing last in a four-way primary for attorney general four years ago, the Manhattan millionaire lawyer handily defeated his three opponents in the Democratic primary for the same seat Tuesday and immediately set his sights on unseating incumbent Republican Dennis Vacco.
In his suite high above the Grand Hyatt Hotel in Midtown Tuesday night, Peter Vallone was surrounded by numerous Jewish politicians, communal leaders and Democratic activists who came to wish him well.
“He’s been a strong supporter of Jewish causes and a worthy candidate” said one official of a Jewish organization, who asked not to be identified, of the City Council speaker who was overwhelmingly nominated — with 65 percent of the Jewish vote — to challenge Republican Gov. George Pataki. “This is going to be a good race.”
by Lawrence Cohler-Esses
By midnight, the precinct-by-precinct numbers stretched across the length of the wall at Melinda Katz’s campaign headquarters. But one of her most seasoned campaign workers honed in on a mere handful from Far Rockaway and Howard Beach.
“Look over there,” he said. “That’s where the election was lost.”The crucial returns, from the 23rd Assembly District, a collection of mostly Irish and Italian neighborhoods, and a sprinkling of Jews, were from Katz’s own geographic base in Queens, where she serves as a state Assembly member.