Kenneth Feinberg News

9/11 Victim Fund Manager to Head Marathon Fund

Kenneth Feinberg, an attorney who managed the 9/11 Victim Compensation Fund, will design and administrator of a new fund to help people affected by the Boston Marathon bombing. Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino say the One …

Liberty Mutual Offers Alternative Resolution Program For Disputed Sandy Claims

An innovative option to resolve complex Sandy claims is being offered to personal and commercial Liberty Mutual insurance customers: independent mediation or arbitration. The property and casualty insurer announced that it has teamed with Kenneth R. Feinberg of Feinberg Rozen …

Expert Calls Indiana Stage Collapse Compensation Fair

The architect of compensation for victims of last year’s deadly Indiana State Fair stage collapse says he believes the state was “exceedingly fair” with victims. Victims’ compensation specialist Kenneth Feinberg tells The Associated Press that officials had limited resources to …

$77M Fund Created for Nevada Air Race Victims

Organizers of the Reno National Championship Air Races have established a $77 million fund to be distributed to those who suffered injuries or lost family members in last year’s mass-casualty crash in Nevada. Kenneth Feinberg, who oversaw a federal compensation …

High-Profile Fund Administrator Feinberg Discusses Victim Compensation, Lessons Learned

Having administered several high profile compensation funds over the course of 30 years, Kenneth Feinberg is no stranger to controversy. In an interview with Claims Journal, the attorney, author and adjunct law professor at several prominent East Coast universities, details …

Feinberg Defends BP Claims Fund Even As It Faces Legal Challenges

On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for victims such as …