AP EST, January 7, 2008

NEW YORK – For the second time, a federal judge approved a settlement Monday among Holocaust victims, their heirs and an Italian insurer, turning aside objections from a few victims who believe the company is getting off easy.

Saying the settlement was “fair, reasonable and adequate,” U.S. District Judge George B. Daniels ended more than a decade of litigation over the claim that Assicurazioni Generali refused to honor policies held by victims of the World War II-era genocide.

The lawsuit in Manhattan federal court was among nearly two dozen that were thrown out in 2004 by then U.S. District Judge Michael Mukasey, who said the class-action suits were pre-empted by the U.S. government’s policy of trying to resolve such claims through a special commission. Mukasey is now U.S. attorney general.

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