BP Pays $1.5M in Claims to Date in Gas Recall
Tuesday, September 11th, 2012 Liability SubrogationBP has paid more than $1.5 million in claims arising from a recall in multiple Midwest states of incorrectly formulated gasoline that damaged some vehicles’ mechanical components. The Times of Munster reports information BP sent to Indiana’s attorney general says the company had by Sept. 5 made payments totaling $1.52 million on 2,315 of the 15,965 claims it’s received. BP recalled about 4.7 million gallons of gasoline last month distributed Indiana, Illinois, Ohio and Wisconsin. The fuel caused problems that included hard starting, stalling and damage to critical vehicle components.
External References & Further Reading
http://www.insurancejournal.com/news/midwest/2012/09/10/262479.htm
