BP fund pays $5B-plus, but only $387M to Mississippi
by Associated Press
Published: August 23,2011
GULF COAST — The administrator of the fund BP set up to compensate victims of last year’s oil spill in the Gulf of Mexico says the fund has paid more than $5 billion in claims.
Kenneth Feinberg made the announcement today in a summary of payouts from the $20-billion fund.
Feinberg said in a news release that the Gulf Coast Claims Facility had received 947,892 claims from 50 states and 36 foreign counties. He said 359,441 claims were paid; 430,000 were denied. Some are pending.
Florida had the most paid claims, with 150,920 totaling more than $2 billion. Louisiana followed with 115,702 claims paid totaling about $1.5 billion. Alabama had 53,681 claims paid totaling $862 million. Mississippi had 30,193 claims paid totaling $387 million.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Lawmakers debating alternative to Medicaid expansion
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Chris McDaniel gets a thank you note from Travis Childers
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Senate passes teacher pay raise legislation
- States settle with manufacturers in DRAM price-fixing case
- Pickering collects more money from failed beef plant project
- White House hotel making comeback in Biloxi
- Reactive Surfaces files lawsuit against Toyota in patent dispute