GM ignition-switch death toll climbs to 56

The General Motors death toll from faulty ignition switches has climbed to 56 from 51 as the automaker's independent compensation fund weighs claims after the massive car recall.
The fund, in its latest report released yesterday, said it still is reviewing 1,388 total claims for deaths and injuries linked to the ignition switch defect that may allow the key to unintentionally switch to the off position, turning off electrical components like airbag deployment while the car continues to move.
It took GM nearly 11 years before beginning to recall the cars after hundreds of accidents and deaths were reportedly linked to the flaw.

Kenneth Feinberg, the attorney in charge of the independent claims process set up by GM after recalling 2.6 million cars over the ignition-switch problem beginning last February, has indicated it will take at least a few months to process all the claims received by the January 31 deadline.
As of last Friday, according to the tally, the fund had received 478 death claims and 165 remained under review.
The number of claims for crippling injuries such as brain damage or double amputation that were deemed eligible edged up to nine, out of 288 filed.

Eligible claims for hospitalization or outpatient medical treatment rose to 78, with 3,546 claims filed.

GM will pay a minimum USD 1 million in death compensation, USD 300,000 for the surviving spouse and another USD 300,000 for each surviving dependent.
Financial and medical treatment compensation of at least USD 20,000 will also be offered to those with eligible physical injury claims from an accident.
In January GM said it had spent up to USD 1.9 billion in 2014 on recalls and victim compensation.
The largest US automaker recalled some 30 million vehicles last year to fix problems and compensate victims of accidents tied to faulty ignitions.
GM is under investigation by Congress, regulators and the Justice Department over why it waited more than a decade after first uncovering the ignition-switch problem to start recalling cars.

Lawyers for many victims have already filed a number of class-action suits that could cost the company far more than its promised payouts under the compensation program.