The House Judiciary Committee said last month that data it collected shows that BP has paid less than 12% of claims submitted by people and businesses arising from the gulf oil spill. According to the committee, only $71 million out of an estimated $600 million had been paid as of June 15th. In addition, according to the panel, BP didn’t make any payments in the first two weeks following the explosion and oil spill. Michigan Democratic Rep. John Conyers is concerned that BP “is stiffing too many victims and shortchanging others.” It should be noted that BP hasn’t made a single payment for bodily injury or diminished home property value.
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