BP fund pays $5B-plus, but only $387M to Mississippi

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.

[RSS Feed] [del.icio.us]

To sign up for Mississippi Business Daily Updates, click here.




Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: