Tags: US | Gulf | Oil | Spill | Claims

Feinberg: Oil Claims Process Ready in 30-45 Days

Friday, 18 Jun 2010 03:24 PM

 

The head of a new office created to process claims from the BP oil spill says a plan to handle the remaining damage claims will be in place in 30 to 45 days.

Kenneth Feinberg was chosen by President Barack Obama and BP to oversee the Independent Claims Facility. His comments in Jackson, Miss., on Friday come as the House Judiciary Committee says data it's collected shows that BP has paid less than 12 percent of claims submitted.

Feinberg says he also plans to have a program going forward that would guarantee that people making claims in the future would receive them within 30 to 60 days of submitting it.

Feinberg says guidelines will be developed for people and businesses making claims, though it hasn't been determined if the payouts will be considered taxable income.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Howard Dean: 'Angry' Tea Party Men Seeing 'American Sniper'

Monday, 26 Jan 2015 09:38 AM

Former Democrat presidential contender Howard Dean has taken a swipe at the tea party while claiming that "angry men" ar . . .

Chuck Hagel: Stress of 'Nonstop War' Driving Best Out of Military

Monday, 26 Jan 2015 09:28 AM

Departing Secretary of Defense Chuck Hagel said he's worried that the "stress and strain" of more than 13 years of war i . . .

Michael Moore Continues Twitter Barrage on 'American Sniper'

Monday, 26 Jan 2015 09:14 AM

Filmmaker Michael Moore continued his attacks against the movie "American Sniper" on his Twitter account over the weeken . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved