BP Hires Firm Specializing in Reducing Cost of Claim Payments
Publicly, BP has said it intends to be generous in compensating those affected by the Gulf oil spill: CEO Tony Hayward has pledged to pay all "legitimate" claims resulting from the disaster, even offering to waive the $75 million cap on liability for economic damages.
But to handle claims from the spill, BP has hired a risk-management company who advertises that a main benefit of its services is "reducing our clients' loss dollar pay-outs" -- a goal Gulf advocates say is in direct contradiction to Washington and BP's promises to fully compensate coastal residents for mounting economic losses...... more
[link to www.daily] POS.com/storyonly/2010/6/10/874787/-BP-hires-claims-company-whose-goal-is-reducing-payouts
Apparently, link not allowed... It's at daily POS.