Oil spill claims administrator Kenneth Feinberg told members of the Florida House today that his fund would start processing final and interim payments this weekend, and that his refined formula “should be” released later today, or sometime soon after.
Florida Attorney General Pam Bondi said this morning that oil spill claims administrator Kenneth Feinberg has failed to keep his promises of increasing transparency, paying claims promptly and sending more staff to the Gulf Coast to handle claims.
Florida Chief Financial Officer Jeff Atwater wants anyone sending comments to the oil spill compensation fund to drop him a line.
In a letter to oil spill claims administrator Kenneth Feinberg, the U.S. Department of Justice called on the Gulf Coast Claims Facility to release more cash to oil spill victims.
Oil spill claims administrator Kenneth Feinberg released his methodology for calculating losses on Wednesday… kind of.
A federal judge in Louisiana ruled Wednesday that oil spill claims administrator Kenneth Feinberg cannot keep referring to himself as “neutral” or “independent” from BP.
Oil spill claimants will be eligible for final payments equal to twice the value of their documented damages for 2010, according to a draft methodology (available below) released Wednesday by the Gulf Coast Claims Facility.
Oil spill claims administrator Kenneth Feinberg is set to release the methodology for calculating oil spill claims payments. According to The New York Times, his estimates predict the gulf region will recover by late next year.
The Gulf Coast Claims Facility has been paying claims to tourism businesses affected by the BP oil spill, but a fishing industry representative told the Florida Senate Agriculture Committee that another group of businesses — seafood wholesalers — may not be faring as well.
A day after oil spill claims administrator Kenneth Feinberg told Floridians he would be releasing his standards for determining who is eligible for claims, new state Chief Financial Office Jeff Atwater sent him a letter asking to weigh in on those standards as they’re being developed.
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