Yesterday the office of the attorney in charge of the General Motors victims’ compensation fund released its weekly update, story adding another victim to the 29 claims already accepted.
Back in February, General Motors started a recall that would encompass 2.6 million cars equipped with defective ignition switches, which can cause an engine stall mid-driving – cutting power to essential safety systems, including the airbags. Following the company’s embarrassing acknowledgement that people within GM knew about the flaw for more than a decade, the automaker decided to set up a victims’ compensation fund.
Kenneth Feinberg, who was charged by the No. 1 US carmaker to run the program – a well known lawyer that also handled funds for the 9/11 victims and the 2010 BP oil spill – has started accepting claims for deaths, serious and minor injuries back on August 1. The report that spans until this passed Friday said that the office has so far received a total of 1,580 claims for deaths and injuries. Of those, just 61 claims have been accepted so far – 31 for deaths and 30 for injuries. The claims total has risen by 4% since the last report, when there were 1,517 filed.
The applicants can continue to submit claims until the year’s end and General Motors has awarded free reign over the program to Feinberg, with the program’s funds uncapped – the company ahs already set aside at least $400 million.