GM Has Received 100+ Death Claims


gmGeneral Motors has already received 107 death claims through its program to compensate victims of its faulty ignition, and it has only been accepting them since August 1. This number far exceeds the 13 deaths GM officially attributed to its faulty ignition switch. However, just because these claims have been filed, it doesn’t mean they are eligible for compensation. That will have to be determined by Kenneth Feinberg, who has overseen other high-profile compensation cases, such as with the BP oil spill in 2010 and the September 11, 2001 attacks.

Since the program will accept claims through December 31, the number of claims will likely grow further. GM has allocated $400 million for compensation, but has not placed any caps on it. Read more.

{Andy Newscenter}

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