Wednesday, July 3, 2013

BP Settlement Claims Update

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Just spent the rainy afternoon studying the latest official report on the status of BP Oil Spill Settlement claims, denial of claims, and appeals of claims (by BP) or denials of claims (appealed by victims). There are over 10,000 claims filed per month (see graph below). Between 2,000 and 4,000 claims are paid each month (see graph below). 3.5 Billion in claims to date.

Meanwhile here are the latest numbers:

175,049 Claim Forms since the Deepwater Horizon Economic and Property Damages Settlement Program opened.

9,152 have been denied. "As of June 10, 2013, we have issued 44,236 Eligibility Notices with Payment Offers totaling over $3.5 billion. As of that date, we also have made over $2.44 billion in payments on . . . 

35,391 claims.  Page 11 of 21.



The Statistics are filed by Patrick A. Juneau, Claims Administrator and a complete copy is available for your review here:

http://bpsettlement.floridaoilspill.com/BPSettlementClaimsReport061113.pdf

Graphs of BP Settlement Claims Made and Paid


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Number of BP Settlement Claims Filed By Month



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Amounts of BP Settlement Claims Paid by Month

Source: Case 2:10-md-02179-CJB-SS Document 10349 Filed 06/11/13