Families of at least 74 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company.
Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total yesterday. It was up from 67 last week. An additional 126 injured people also are eligible for compensation.
The fund received a total of 4,342 claims by the Jan. 31 deadline. Of those, 1,326 are still under review. Feinberg says more than half were ineligible or lacked documentation.
GM knew about problem switches in Chevrolet Cobalts, Pontiac G5s and Saturn Ions for more than a decade but recalled them only last year. They can slip out of the “on” position, which cuts off the engine, knocks out power steering and turns off air bags.
