GM compensation program for defective ignition switch gets 4,237 claims

Article by Christian A., on February 16, 2015

As of last week, the compensation program for victims of General Motors’ defective ignition switch had received a total of 4,237 claims: 462 for death, 282 for catastrophic injuries and 3,493 for less-serious injuries requiring hospitalization. While the last day for submission of claims to the compensation program was set on Jan. 31, 2015, claims postmarked by that date will be eligible for review.

For that week, GM received 57 more claims, according to a report from lawyer Kenneth Feinberg, who was tapped by GM to administer the program. So far, Feinberg has determined that 131 claims are eligible for compensation: 52 deaths, eight severe injuries and 71 other injuries, according to the report of the compensation program.

He also has determined 501 claims are ineligible and is still reviewing 1,143 claims. The report also showed that 1,016 claims submitted with the program lacked sufficient paperwork or evidence while 1,446 had no documentation at all.

The American carmaker has allocated, albeit initially, $400 million to cover costs of compensation for claims on behalf of people injured or killed because of the defective ignition switches.

If you liked the article, share on:

Comments

Recommended

After the highly dynamic Polestar 1 two-door coupe – Polestar’s first ever production car -- was recently unveiled, not a few people’s curiosity was piqued as to how much they...
by - October 21, 2017
The BMW 7 Series is already highly sought after but nonetheless, the German marque is giving it a more exclusive variant for the Russian market, and they are calling it...
by - October 20, 2017
Several automakers including Porsche, Volkswagen, Smart and even Land Rover have all been victimized by cheap Chinese copycats. And if you haven’t seen it yet, the most recent one would...
by - October 20, 2017
The Mercedes-Benz G-Class has been around for quite some time now but to bid it farewell, the company has launched the Mercedes-AMG G65 Final Edition. Mercedes will only build a...
by - October 20, 2017
Have you ever wondered what you can you buy with $9,365 in your pocket? Well, you have quite a lot of options. In fact, you can even purchase a used...
by - October 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries