gulf coast claims center News

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BP Claims Czar Promises Bigger, Quicker Payouts

(Sept. 27) -- Responding to criticism that payments for victims of BP's oil spill have been slow and inadequate, Gulf Coast Claims Facility administrator Kenneth Feinberg has promised to reform the system to help alleviate the massive financial impact of the disaster. "Over the past few weeks, I have heard from the people...

Gulf Coast Claims Facility Opens for Business

(Aug. 23) -- The Gulf Coast Claims Facility is open for business as of this morning. Independent administrator Ken Feinberg is manning the cash register, ready to hand out money from BP's $20 billion oil spill compensation fund to individuals and businesses that were hurt by the spill. Those who want to file a claim can...

New Gulf Coast Claims Facility to Open: 8 Biggest Questions Answered

(Aug. 20) -- On Aug. 23, Ken Feinberg, the administrator of the $20 billion Gulf Coast compensation fund, will take control of the claims process for those affected by the BP oil spill. Until now, BP has been handling the hundreds of thousands of claims that have already been entered, with many complaining that their...