FACTBOX-Oil spill claims paid total $3.8 billion

Fri Apr 15, 2011 7:00am EDT

  (For full story on spill anniversary, click [ID:nN14225897])
 April 15 (Reuters) - The Gulf Coast Claims Facility,
created to compensate people and businesses for damages related
to BP Plc's (BP.L) (BP.N) Gulf of Mexico oil spill, has paid
$3.8 billion in claims since the organization took over the
process from the oil company on Aug. 23.
 BP paid $400 million in claims before facility head Kenneth
Feinberg began administering the $20 billion fund set up at the
insistence of President Barack Obama.
 The April 20, 2010 well rupture killed 11 people and caused
the world's worst marine crude oil spill. BP said it
permanently sealed the well Sept. 19. Below is a breakdown of
payments made through April 13:
 Number of claims filed:
 Individual               404,795
 Businesses                98,561
 Total                    503,356
 Claims paid:
 Individual               $1.6    billion
 Business                 $2.2    billion
 Payments made to real estate
 brokers and agents as part
 of a separate fund:      $60     million
 Total                    $3.86   billion
 Claim state of residence:
 Louisiana:               $1.2    billion
 Florida:                 $1.4    billion
 Alabama                  $616    million
 Mississippi:             $307    million
 Texas:                   $106    million
 Others:                  $164    million
 Claims paid for lost wages or profits, by industry
 for businesses and individuals:
 Fishing                  $616    million
 Food, beverage, lodging  $1.1    billion
 Multiple industry        $ 44    million
 No industry designation  $ 23    million
 Rental property          $377    million
 Retail, sales, service   $1.3    billion
 Seafood processing       $199    million
 Tourism and recreation   $121    million
 Source: GCCF data
 (Reporting by Anna Driver in Houston; Editing by Pascal
Fletcher and Philip Barbara)


FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.