Judge approves settlement in Holocaust/insurance case

NEW YORK -- A federal judge on Tuesday approved a settlement involving Holocaust victims, their relatives and an Italian insurance company that ends a lawsuit brought a decade ago.

U.S. District Judge George B. Daniels announced his approval after listening to lawyers on all sides, including an attorney for six objectors who insisted the deal with Assicurazioni Generali would deny justice for tens of thousands of victims.

"The settlement is not perfect, but it's hard to imagine any recovery for Holocaust victims after 60 years could be just compensation," Daniels said.

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