Distance not a factor in BP claims

By Ben Rooney, staff reporter


NEW YORK (CNNMoney.com) -- The official in charge of managing claims related to the BP oil spill said Monday that distance from the disaster site will not prevent legitimate claims from being processed.

Kenneth Feinberg, who has authority over the $20 billion fund that BP has pledged to compensate individuals and businesses hurt by the spill, said the decision came after elected officials in Florida, including Gov. Charlie Christ, expressed concerns about a "geographic proximity" test.

"After listening to these concerns, I have concluded that a geographic test to determine eligibility regarding economic harm due to the oil spill is unwarranted," Feinberg said in a statement.

He added that each claim is reviewed on a "case-by-case basis" and that those filing claims must still prove that the damages they suffered occurred as a result of the spill. However, he said, "physical proximity from the spill will not, in and of itself, bar the processing of legitimate claims."

The Gulf Coast Claims Facility, as the fund is known, has paid out nearly $1 billion to 50,000 victims throughout the Gulf of Mexico, according to Feinberg. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 18,126.12 -36.87 -0.20%
Nasdaq 5,097.98 -8.61 -0.17%
S&P 500 2,120.79 -2.69 -0.13%
Treasuries 2.13 -0.01 -0.23%
Data as of 11:18pm ET
Company Price Change % Change
Broadcom Corp 56.25 -0.91 -1.58%
Bank of America Corp... 16.67 -0.07 -0.42%
Apple Inc 131.78 -0.26 -0.20%
Intel Corp 34.01 0.30 0.89%
Boston Scientific Co... 18.27 0.28 1.56%
Data as of 4:04pm ET
Sponsors

Sections

A federal judge must decide between two starkly different portrayals of 31-year-old Ross Ulbricht, who is facing sentencing for his role in founding Silk Road. More

Brit Morin is a DIY queen. Her startup Brit + Co. inspires women and girls to be creative -- and just raised $23 million in funding. More