Monday, the compensation fund created by General Motors in the wake of the February 2014 ignition recall announced that 49 deaths thus far would receive compensation.
Reuters reports 108 claims were received during the previous week, increasing the total number of claims received between August 1 and Monday to 2,818. The number breaks down to 2,300 claims for less-severe injuries, 207 for catastrophic injuries, and 311 for fatalities.
Total claims eligible for payout rose from 112 to 121, including 65 for less-severe injuries, seven for catastrophic injuries, and the aforementioned 49 death claims.
As far as the rest are concerned, 320 claims were found ineligible, 857 are under review — including 84 fatality claims — 757 lacked sufficient documentation, and 763 had no documentation at all.
The deadline for claim submission is January 31, a one-month extension from the original December 31, 2014 deadline.
The post GM Compensation Fund Deems 49 Fatality Claims Eligible For Payout appeared first on The Truth About Cars.
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