BP fund pays $5B-plus, but only $387M to Mississippi
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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- Brandon man hauls in record 756-pound alligator
- Is cotton looking too good? Farmers facing weaker prices
- Woman found guilty of murder in buttocks injection case
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Mississippi judge dismisses lawsuit seeking to overturn Sen. Cochran's GOP primary win
- Healthcare Marketplace to look much the same in 2015