The death toll from General Motor's faulty ignition switches hasrisen to 57 in the latest weekly tally released Monday.
A total of 57 deaths were deemed eligible for a payout, climbingby one from 56 the previous week. The number of eligible injuryclaims increased to 94 people from 87 the previous week.
A final tally likely won't be known for weeks as Washington D.C.attorneys Ken Feinberg and Camille Biros continue checking oneligibility. Feinberg and his aides are checking claims filedor postmarked before a Jan. 31 deadline to determine which areeligible for compensation. Each eligible death claim is worth atleast $1 million under his guidelines. Feinberg was hired by GM tomake payments.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.