BP Says it’s Paid Out $104M to Gulf Coast Residents

BP said Saturday that it has paid $104 million to residents along the Gulf Coast who have filed claims related to the Gulf of Mexico oil spill. The company said it has issued more than 31,000 checks in the past seven weeks.

“Our focus has been on getting money into the hands of fishermen, shrimpers, condo owners and others who have not been able to earn income due to the spill,” said in a statement Darryl Willis, of the BP claims team. “We have also been addressing the larger, more complex claims and have been successful in sending more checks to commercial entities.”

BP says it has received about 64,000 claims to date.

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