Feinberg On The Oil Spill Claims Process
BP claims fund administrator Ken Feinberg admits the oil spill claims process is not perfect, but its working as intended.
Gulf Coast Claims Facility
Few Taking Final Offers To Settle Oil Spill Claims
NEW ORLEANS (AP) — Records show that in the last two weeks more than 8,100 people and businesses have been offered final payments from BP's oil spill compensation fund, but few have accepted so far.
Feinberg Says Recovery In 3 Years
NEW ORLEANS (AP) — The administrator of BP's $20 billion Gulf oil spill compensation fund says he expects the region to recover within three years. The fund will use that assessment to determine how much to pay spill victims in final settlements.
Only 1 Final Payment Made In 91,000 Oil Spill Claims
OCEAN SPRINGS, Miss. (AP) — Thousands of people and businesses are awaiting final settlement payments from BP's Gulf of Mexico oil spill compensation fund, but records show that only one has been paid — after BP intervened.
Gulf Oil Spill-Claims
OCEAN SPRINGS, Miss. (AP) — The administrator of the $20 billion BP PLC fund doling out money to Gulf oil spill victims says the program will be offering claimants an additional payment.