Page 14 - Claims Process News Today

Katrina. in the oval office speech tomorrow night, president obama is expected to call for bp to create an escrow account reportedly in the amount of $20 billion to pay for damage claims to businesses and individuals whose lives have been destroyed by the oil spill. hes also expected to call for an independent third party to handle the claims process, hand out the money. the cries for mr. obama to step up have been getting louder. democratic congressman jesse jackson jr. recently called on the p...

Burden on a region already suffering from the consequences of this oil spill. so on those three counts, i think you can fault the administration. but the rest of it is all about whether the president said the right things and acted concerned and emoated properly and i think all of that is trivial and unfair. >> chris: we also find out that the coast guard has sent a letter to bp and has given them a deadline of the end of this weekend to come up with faster and better ways, not necessarily to pl...

President obama spending two days in the gulf now, to see the kind of pictures that were showing and other networks are going to be showing, why he is giving the speech tomorrow night. this is the time where he is finally going to take control in a way that i think he tried to do earlier with his press conference. but failed because he botched question. hes now saying i am taking control and directing b.p. to do what i want b.p. to do. this is going to be the white house control recovery. >> bre...

Burden on a region already suffering from the consequences of this oil spill. so on those three counts, i think you can fault the administration. but the rest of it is all about whether the president said the right things and acted concerned and emoated properly and i think all of that is trivial and unfair. >> chris: we also find out that the coast guard has sent a letter to bp and has given them a deadline of the end of this weekend to come up with faster and better ways, not necessarily to pl...

Think impose is a new and terrible burden on a renal already suffering from the consequence of the oil spill. on those three counts i think you can fault the administration. but the rest of it is all about whether the president said the right things and acted concerned and emoted properly and all of that and i think that is all kind of trivial and unfair. >> chris: mara, we also find out the coast guard sent a letter to bp, and has given them a deadline of the end of this weekend, to come up wit...

Pay for it. shep? >> shepard: jonathan hunt live tonight in louisiana. the bosses at bp have said many times their company will indeed pay for all legitimate claims made as a result of this oil spill. but the process of filing those claims and collecting the money has proven to be very difficult at best. we know the spill is directly affecting tens of thousands of people who make their living from the gulf. people including fishermen, charter boat operators. other business owners on the coast. b...

List of problems from the "exxon valdez" disaster as her example, saying the claims process is at the front line of assessing the impact and that damaged beaches and the loss of tourism are all considered legitimate claims. this morning at the white house a critical meeting about loyalties and mistrust. publicly, president obama has mostly kind words for his afghan counterpart, hamid karzai, but behind closed doors, the two men have plenty of issues. president obama is expected to raise a huge...

>> well, let me just say that at the very top, bp, what theyve told me is that theyre going to be responsible for everything. and so what they have said is with respect to any expenses that are presented that relate to damages or relate other expenses to responding to the crisis, that theyre going to take care of them. theres a claims process that theyve set up and were watching them closely. and they, we, youre looking at a company here, dylan, that is worth over $100 billion. last year, made $...

Listen to this. >> we should not be over paying. we should be stewards of tax payer dollars no veteran should get a claim without supporting it. >> $371 million over the next five years if it doesnt change the claims process. >> as the immigration batted el on our border wages on texas lawmakers now announcing a bill to speed up the removal of illegal immigrant children at the border. this as we are hearing mixed messages from the obama administration. peter doocy is live in washington with a fi...

And yet the larger public does not buy that and that is adding to the economic devastation down here. the other problem that the fishermen are dealing with is the claims process. yes, that $20 billion fund exists that bp set up, administrator ken feinberg paid out about $4 billion of that. but the fishermen say, look, theyre being asked to sign paperwork that they dont have. they say the problem is -- theo. and when they talk to feinberg about what he thinks their business is worth, and what the...