Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

BP Agrees to Relax Requirements for Claims

Kate Mercer/Press-Register
/
The Press-Register

BP has agreed to relax several documentation requirements regarding the submission of claims filed after the 2010 oil spill in the Gulf of Mexico.

Plaintiffs' attorney Steve Herman and Jim Roy said in a statement Tuesday that the changes will speed the processing of claims and "get the people and businesses of the Gulf paid quicker."

The attorneys say BP has agreed to waive all license requirements for business and/or individual economic loss claimants, with some exceptions. Other changes involve profit and loss statements, proof of employability and age and vessel ownership.

U.S. District Judge Carl Barbier in May preliminarily approved a proposed class-action settlement. BP estimates it will pay about $7.8 billion to resolve more than 100,000 claims by people and businesses who blame the spill for economic losses.

Copyright 2012 The Associated Press. 

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.