Death claim in GM ignition-switch lawsuit rises to 100
According to The Detroit Free Press, each claimant must prove that the ignition switch was the cause of the crash that led to the injury or death. Provided the ignition switch was proven to be the "proximate cause" behind the crash, GM's compensation boss, Ken Feinberg, will use actuarial tables and medical cost data to determine individual payouts. Families of those killed will get at least $1 million from the uncapped settlement fund, which GM is expecting to cost $400 to $600 million.
As we've reported previously, claims can be filed through the end of 2014, with payouts to begin 90 to 180 days after the initial filing. You can expect to hear plenty more about these payouts over the coming months.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models