mobile-menu-icon
GM Authority

General Motors Ignition Switch Compensaiton Fund Approves Four More Deaths

General Motors approved four more death claims in its ignition switch compensation fund last week, bringing the total number of deaths linked to the faulty switch to 42. Automotive News reports the fund also received 64 more filings for deaths and injuries last week, with the total number of filed claims now sitting at 2,326, of which 251 are for fatalities.

GM’s compensation fund has now approved seven severe injury claims and 1,919 claims for less-serious injuries that required hospitalization. Lawyer Kenneth Feinberg, who was hired by GM to oversee the compensation program, also said 51 other injuries were eligible for payment.

A report released by Feinberg Friday indicated that 306 claims for deaths and injuries had been deemed ineligible, while 445 were still under review. Another 568 claims were denied due to a lack of paperwork, while 907 had no documentation whatsoever.

GM set aside $400 million from its earnings in 2014 in order to pay for the compensation fund, but at the time recognized the cost of the fund could rise to $600 million.

Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

Subscribe to GM Authority

For around-the-clock GM news coverage

We'll send you one email per day with the latest GM news. It's totally free.

No Comments yet

Leave a comment

Cancel