main menu page title feature menus content footer
My Florida C F O

CFO's Initiatives

Stay Connected

Follow the
Department of
Financial Services

Sign up for the CFO's
weekly newsletter!

Press Release

News   RSS RSS   Press Office   Archive

CFO Alex Sink Responds to Narrow Claims Implication Made by Claims Administrator Feinberg

7/8/2010

FOR IMMEDIATE RELEASE: July 8, 2010
CONTACT: Kevin Cate, 850-413-2842

CFO ALEX SINK RESPONDS TO NARROW CLAIMS IMPLICATION MADE BY CLAIMS ADMINISTRATOR FEINBERG

TALLAHASSEE – Florida CFO Alex Sink issued the following statement in response to Gulf Coast Claims Facility Administrator Kenneth Feinberg’s comments suggesting that many Floridians indirectly impacted by the BP oil disaster may not receive compensation.

“Anything less than full accountability for Florida's impacted businesses is unacceptable.  Florida's small businesses have been economically devastated by this disaster, whether they are located right on the beach or not. Our economy is based on a robust, $65 billion tourism industry, which includes some of the best restaurants, hotels, and beaches in the world— so many of which have been affected by the oil spill. All of the damage and economic impact to Florida’s small businesses and our unique economy must be covered in the claims process that Mr. Feinberg has been appointed to oversee. BP must be held accountable for the effects of their disaster, large and small, so our state and economy can recover.”

# # #
 
As a statewide elected officer of the Florida Cabinet, CFO Alex Sink oversees the Department of Financial Services.  A successful business leader with nearly three decades of experience in the private sector, Sink is serving her first term as Florida's CFO.  CFO Sink's priorities include using her business experience to cut wasteful spending, holding government accountable to Florida’s taxpayers, and cracking down on financial and insurance fraud.