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February 11, 2013 11:45 am

Holocaust Survivors Protest Allianz Golf Tournament in Florida

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The Allianz logo. Photo: Allianz.

Holocaust survivors joined by Jewish, Christian and other supporters held a large demonstration on the final day of the Allianz golf tournament in Boca Raton, Fla., on Sunday.

Allianz is a Germany-based insurance company that had connections with the Nazis. It insured facilities at Nazi death camps such as Auschwitz and also deprived many Jewish customers of money from their insurance policies, Holocaust survivors say.

In 2006, as part of a settlement by the International Commission on Holocaust Era Insurance Claims, Allianz and other insurance companies paid out more than $306 million to 48,000 claimants, according to the South Florida Sun-Sentinel.

The Holocaust survivors and their supporters, however, claim that Allianz still owes nearly $2 billion.

“Not only haven’t I seen any money, this is already 70 years,” David Schaecter, 83, president of Holocaust Survivors Foundation USA, told the Sun-Sentinel

Schaecter’s family was sent to Aushwitz when he was 11, and his family had an insurance policy worth $1,500 in the 1930s.

In 2008, Allianz dropped a bid for the naming rights of the New Meadowlands Stadium (now Metlife Stadium) in East Rutherford, NJ, after outrage from New York-area Jewish groups and fans of the New York Giants and New York Jets—who play in the stadium—for Allianz’s ties with the Nazi regime.

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