GM victims fund receives 1,130 applications

October 7, 2014
Applications submitted to General Motors’ victim fund have continued to rise, reaching a total of 1,130 filings by the end of last week.

The program’s administrator, attorney Kenneth Feinberg, has so far approved two dozen death claims and another 16 applications seeking compensation for injuries.

Families of drivers or passengers killed in accidents involving vehicles included in the ignition-switch recall have submitted 165 applications overall. Most are still under review, but the number of approvals is already approaching twice GM’s own official tally of 13.

At least three families have accepted Feinberg’s offer, with eligible death claims each receiving at least $1 million, according to Reuters. The company already allocated $400 for the program, though financial disclosures suggested the total could top out at $600 million or higher.

The fund will likely continue to receive more applications as its December 31 deadline approaches.

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