Thursday, 26 March 2015

USA - GM announces the death toll has risen from the defective ignition switch issues.

The death toll from General Motors' defective ignition switch has risen by seven more fatalities from a week earlier to 74, the administrator of GM's compensation fund said yesterday.
The office of attorney Kenneth Feinberg, who is overseeing victim compensation on GM's behalf, had approved 74 death claims and 126 injury claims as of March 20, according to an update released today. 

The deadline for victims to file claims was Jan. 31. Feinberg's office is expected to continue processing them until late spring or early summer.
GM hired Feinberg to compensate victims last year amid its recall of the faulty switch, which can be jarred out of the run position, cutting power to the power steering, brakes and airbags. A person seeking compensation must prove that the airbag did not deploy, and must show that the defective switch was the primary factor in the crash.
A GM-backed investigation last year found that several engineers and attorneys were aware of the problem for as long as a decade but did not elevate the issue to the top levels of the company.
Feinberg's office had received 4,342 claims as of March 20. Of those, 200 were deemed eligible. Another 1,326 still are under review.
GM estimated that it will pay out $400 million to $600 million in compensation through the Feinberg process.

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