The compensation fund set up by General Motors in the wake of the February 2014 ignition switch recall confirmed its 51st eligible death claim Monday.
Reuters reports that 4,180 claims were received as of February 1, with the final number expected to rise when all claims submitted with a timestamp of January 31 — the deadline for filing said claims — have been accounted. Of those, fund deputy administrator Camille Biros says over 1,600 claims were filed in January, 700 alone filed between Thursday and the deadline.
Among the claims found eligible for an offer, 51 were linked to deaths, 8 had ties to severe injuries, and 69 were for less-severe injuries. Between $400 million and $600 million has been set aside by General Motors for the offers, the last of which will likely be made late into the spring of this year.
The post General Motors Compensation Fund Sees 51st Eligible Death Claim appeared first on The Truth About Cars.
from The Truth About Cars http://ift.tt/Jh8LjA
Put the internet to work for you.
No comments:
Post a Comment