Posted in BP Disaster, Environment

Nearly 85 percent of BP economic loss claims in Escambia and Santa Rosa counties remain unpaid

   October 7, 2014

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According to the website LegalExaminer.com, 2,415 BP economic loss claims have been filed in Escambia County with the BP Deepwater Horizon Court Supervised Settlement Program. Only 359 have been paid to-date for a total of $70,000,000, resulting in an average claim value of $195,000. Assuming all 2,415 claims are paid, and no additional claims are filed, Escambia businesses will receive $471,000,000 over the next two years. Read more.

Of the 862 Santa Rosa County claims currently filed, 153 have been paid to-date for a total of $18,000,000, resulting in an average claim value of $118,000. Assuming all 862 claims are paid, and no additional claims are filed, Santa Rosa businesses will receive $102,000,000 over the next two years. Read more.

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