GM compensation programs confirms 50 deaths as of January 23

Article by Andrew Christian, on January 29, 2015

As January 23, 2015, the compensation program for victims of defective ignition switches in vehicles of General Motors has confirmed 50 deaths from the 338 filed from August until that date. The number of confirmed deaths was four times GM’s estimate and may even go higher as the deadline for claims ends on Jan. 31.

According to a report by in charge of the program, lawyer Kenneth Feinberg, 67 death claims are under review while is working with 53 applicants who haven’t documented their requests. The rest of the claims failed to qualify with Feinberg’s standards. He said that his standard diffs from what GM used and explained the difference in findings.

He said that while GM engineers look for definitive proof of ignition switch failure, he only looks for circumstantial evidence of the cause of the accident. This means that his standards are more lax than GM and there will be a greater number of eligible death claims.

He also said that he will be processing and reviewing claims “well into the spring.” Feinberg said the program has received 3,038 claims from GM customers and families who had switch-related accidents.

In a June report by the United States Department of Transportation, the value of each life lost may be $5 million to $13 million. The amount will vary depending on a number of factors like wages and salaries.

GM initially set aside up to $600 million to pay accident claims, an amount that Feinberg said “appears to be adequate.” Victims who filed the claims and agreed to be compensated have to agree that not to file a suit against GM. So far, Feinberg has determined 125 claimants as eligible for payment, including those for death.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Bentley Motors has just released the specs of the new Bentayga Diesel. Obviously, we couldn’t wait to share it here since it’s the first ever diesel model to come out...
by - September 26, 2016
A big chunk of Volvo Cars’ legacy in developing the most durable and capable car is evident in its latest Cross Country collection. Suffice it to say, our planet has...
by - September 21, 2016
Just very recently, we were all delighted to finally see a Bugatti Chiron out in the streets casually hanging around Cannes in France. The said car was purchased by a...
by - September 9, 2016
Earlier this year, Aston Martin wowed the world with a stunning concept car – the Vanquish Zagato. The concept made its first appearance in May during the Concorso d’Eleganza Villa...
by - September 7, 2016
Lamborghini has always been known to be the home to exotic supercars. The Italian automaker’s production facilities have hosted uniquely designed and powerful show-stopping supercars. It all started with the...
by - September 5, 2016