Boston Marathon Bomb Victims May Turn to BAA Insurance, Central Fund for Compensation

By Ben Berkowitz | April 18, 2013

  • April 18, 2013 at 2:51 pm
    Jester says:
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    This victim compensation practice started with the 9/11 terrorist attacks and is now widely accepted. In terms of forseeabilty, negligence, and notice……there wasn’t any. Extraordiary precautions were taken and unfortunately it wasn’t enough. I doubt there ever will be enough. While the situation is unfortunate, why are people being compensated? The country is in bad enough financial trouble and now this?

    • April 18, 2013 at 2:56 pm
      bob says:
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      Although I truly feel for all of the victims why is one of the first things we hear always about compensation?

  • April 18, 2013 at 3:06 pm
    DW says:
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    No amount of money will reattach a limb or bring back the dead. My heart breaks for the victims but who is there to sue? Besides the coward(s) who did this – but I think I would rather get my turn at him/her/them than a check.

  • April 19, 2013 at 3:48 pm
    PropGall says:
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    Liability stopped being a consideration in injury settlements a long time ago. It’s no suprise that people are paid in situations like this. Though, I do agree, that many people suffered horrific injuries and the financial impact that has on their lives will be enormous. So I am glad that victims at least have a safety net for those losses. I do take issue with specials being paid in these situations.

  • October 25, 2015 at 11:49 pm
    george mumm says:
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    The BAA has yet to offer the (insurance) policy funds whichever they may or may not have. People are no longer working in their chosen fields, still undergoing rehab, and occupational rehabilitation. It is a great wonder why the Treasury Department can not classify the incident. What comes first the Chicken or the Egg. The (3) year personal injury time clock ticks ticks away…. John Hancock donated 1,000,000 BAA gave 500,000 for a potential liability of 1,000,000,000 according to Ken Feinberg.

    Here’s one: How much money will there be? Answer: Not enough. The 9/11 fund, which was created by a unique act of Congress, provided public, tax-free financing for victims that ultimately came to $7 billion. The One Fund Boston, by comparison, has collected $30 million in contributions and pledges from 50,000 donors.

    “If you had a billion dollars you could not have enough money to deal with all of the problems that ought to be addressed by these attacks,” he said in Boston.



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