Few Taking Final Offers to Settle Oil Spill Claims
Save Email Print
Bookmark and Share
Posted: 10:44 PM Mar 1, 2011
Few Taking Final Offers to Settle Oil Spill Claims
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.
Reporter: Associated Press
width:241 and height: 220 and picwidth: 241 and pciheight: 220
Font Size:

New Orleans, LA (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.

Gulf Coast Claims Facility data show that only about 2.5 percent have accepted. Claimants have 90 days to accept or reject a final offer from the $20 billion fund.

The data also show that the 204 claimants who have accepted final payment offers for all past, current and future damage from last year's disaster got an average of $12,188.

Claims administrator Kenneth Feinberg on Feb. 18 posted his rules for full-review final payments. He has been criticized for red tape, delays and requiring that recipients of final payments give up their right to sue BP and other parties.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Latest Comments

Posted by: hi Location: sumatra on Mar 9, 2011 at 01:17 PM

My brother filed his final claims over a month ago and still has not heard anything from them (except that they received it). He is about to lose is car and his home if something does break soon. Does anybody know what the hang-up is? People that took the quick claim of $5000 received their money quickly. That is because BP wants to settle for as less as they can. BP needs to do what they have been saying "MAKe things right". Pay for their mistake before people lose everything they have worked for all their lives. Most seafood workers are not wealthy; they are just hard working honest people who needs help now; not a few months down the road.
Posted by: Sonny Location: Tallahassee on Mar 2, 2011 at 08:52 AM

Well of course you give up your right to sue...that's why it's called "settlement".
More Stories
Pinpoint Weather
Click Maps to Enlarge
WCTV Online Poll
Do you think concealed guns should be allowed on college campuses?

Yes - they should be allowed
Yes - but only with a permit
No - I don't want guns on campus


The faculty senate at Valdosta State University is taking a stand against concealed guns on campus. They unanimously passed a resolution last week to keep guns out of the classrooms and off university grounds. The faculty senate is standing in opposition to house bill 981. The bill proposed allowing citizens the right to carry concealed weapons into bars.. churches.. college campuses and even elementary schools.
Comment on Today's Poll
Most Viewed
Commenting Policy
Comments are posted from viewers like you and do not always reflect the views of this station.

For more on WCTV’s policy regarding viewer comments, click here.