Oil spill claims office chief: Process to handle claims will be in place in 30 to 45 days

By Shelia Byrd, AP
Friday, June 18, 2010

Feinberg: Oil claims process ready in 30-45 days

JACKSON, Miss. — The head of a new office created to process claims from the BP oil spill says a plan to handle the remaining damage claims will be in place in 30 to 45 days.

Kenneth Feinberg was chosen by President Barack Obama and BP to oversee the Independent Claims Facility. His comments in Jackson, Miss., on Friday come as the House Judiciary Committee says data it’s collected shows that BP has paid less than 12 percent of the dollar value of claims submitted.

BP said Friday the dollar value of payouts has increased, and it has cut checks to settle about half of the 60,000 individual claims it’s received.

Feinberg says he also plans to have a program going forward that would guarantee that people making claims in the future would receive them within 30 to 60 days of submitting it.

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