BP's Feinberg responds to Sessions

MOBILE, Ala. - Alabama Senator Jeff Sessions posted a letter he received from BP Claims Administrator Kenneth Feinberg, in which Feinberg answers questions posed in Sessions' October 12 letter.

In the response, Feinberg said:

• "The Gulf Coast Claims Facility (“GCCF”) will be able to compensate claimants for future losses. The Facility will remain up and running through August 2013, with the goal of compensating eligible claimants for future financial harm that may today be uncertain and unpredictable."
• "..in evaluating claims we do “consider the seasonal nature of the tourism industry.” I recognize that end-of-year tax information “is not always an accurate measure of expected revenue in the period between Memorial Day and Labor Day.” That is why we have made seasonal adjustments in calculating the damage awards of individual and business claimants."
• "..we are greatly enhancing the ability of individual claimants of Alabama and elsewhere to secure more detailed information about the nature and status of their respective claims."
• "All claims for Emergency Advance Payments filed prior to November 23, 2010, will be processed."