GM Ignition-Switch Fund May Check Regulatory Files for Victims
The Center for Auto Safety advocacy group suggests General Motors Co. check federal safety data to look for crashes that may be linked to the company's defective ignition switches.
#regulations
The Center for Auto Safety advocacy group suggests General Motors Co. check federal safety data to look for crashes that may be linked to the company's defective ignition switches.
Kenneth Feinberg, the lawyer who heads the GM compensation program for victims, tells Bloomberg News he will consider that suggestion.
But Feinberg disagrees with the center's claim that GM is handling claims too slowly. He says the fund has processed more than 800 of the 1,500 applications received since the program began on Aug. 1.
Claimants are expected to provide documentation to indicate the ignition switch, which can unexpectedly turn off the engine and disable the airbags, was the cause of their crash. Feinberg tells Bloomberg that most of the unresolved claims were submitted with "absolutely no documentation whatsoever."
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