Page 15 - Claims Process News Today

That his asthma has been totally out of control since may when the oil first came into our community. >> reporter: inside shareholders heard a different story. as bps chairman praised the companys response and its $20 billion claims fund. sxwlt trust fund was a critical way of giving confidence to the american people that we would not cut and run. but head of the oyster mans association says the claims process is slow, inefficient and stingy. >> we have fisher men receiving checks for six months...

To participate in their end of the deal. for that, innocent people continued to pay the price, and talk about adding insult to injury, those same banks and hedge funds are now jumping into the claims process, hoping to get a piece of the settlement pie. you cant make it up. there is no question bernie madoff should pay the price for his ponzi scheme, but shouldnt we all be asking why anyone else in this entire situation, let alone the mortgage fraud, the lists, the whole problem, shouldnt somebo...

So all eyes are on the gulf tonight, watching and waiting for the well to finally be shut down once and for all. but that will not be the end of the story. sheer what president obama said earlier today. >> there is still going to be an enormous cleanup job to do. and there is still going to be the whole set of issues surrounding making sure people are compensated properly, that the $20 billion fund is set up and is acting expeditiously. >> the task of handing out compensation to the victims of t...

Take a look why. this is why. the beaches here in pensacola beach, still very desolate. few people sprinkled on here and the weather is great and there is guarded optimism here up and down the coast from alabama and the mayors in both gulf shores, as well as other areas are saying that it really doesnt change their situation at all because theyre still having to deal with the possibility of millions of gallons coming ashore and also having to deal with the recovery and the claims process. >> it ...

Latest updates on this topic.

Latest updates on this topic.

Pushing oil past those protective booms, skimming efforts have been sidelined because of this and right now they cant burn oil off the surface of the water right now because of those high waves. also, massive tanker ship is arriving in the gulf. its about 3 1/2 football fields long. big deal about this -- able to suck up about 21 million gallons of oily water a day. theyre counting on that to help some of the skimming efforts. back here in pensacola, business owners say theyre getting about half...

Yesterday accomplished a good bit. we have some boat owners, some shrimpers, some charter captains whose boats can be used and the president, i think, is about to take ownership of that and get in and allow these people who actually are losing their livelihoods to get out there and be part of the solution. i think the claims process has been terrible. i think its about to get better, i hope. and there are a number of things that we can do. im grateful that the administration is prepared to allow...

Claims process works for small businesses throughout the gulf coast who have been put out of business lieu through no fault their own or almost being put out of business. and if this h doesnt get fixed soon, will be. so those are grocery stores, catering company, small hotels, large hotels, convention company, service companies along the gulf who had nothing to do and just find therapieses collapsing because of this oil spill. bps claims process and the federal governments claims process must wo...

Safe. the oil rig workers themselves are covered by a $100 million fine from bp, they are all right. but the loaders, the caters, the support jobs, they have no way to recoup their losses. we took these concerns to ken feinberg on how to clean up the claims process. will you be handling any claims at all for people whose businesses have been affected by the moratorium? >> yes. i now have discoffered, discovered, i didnt read this until yesterday, but those claims will fall under my jurisdiction....