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CFO Alex Sink Welcomes Changes to BP Claims Process Based on Her Request

10/4/2010

CONTACT: Jerri Franz or Jayme O’Rourke, 850-413-2842
 
TALLAHASSEE – Florida CFO Alex Sink today welcomed Gulf Coast Claims Facility (GCCF) Administrator Kenneth Feinberg’s announcement that he will be changing the GCCF claims protocol regarding geographic proximity. At last week’s Cabinet meeting and in correspondence with Mr. Feinberg, CFO Sink has asked that Mr. Feinberg reconsider the GCCF protocol to include all legitimate claims filed by affected Floridians.

“I am encouraged that Mr. Feinberg has heard our call for fairness in processing legitimate claims for all Floridians, not just those who are physically close to the shoreline. Unfortunately, the perception of oil on our beaches has devastated many of our state’s small businesses from the Panhandle all the way down to the Florida Keys, and every legitimate claim of economic damages deserves compensation,” said CFO Sink. “In Florida’s tourism-based economy, it is essential that taxpayers do not bear the burden of this spill and that our small businesses have the help they need to get back on their feet.”

On September 15, CFO Sink joined Governor Charlie Crist in asking Mr. Feinberg to revise the GCCF protocol to include faster payment of claims and also less restrictive criteria that may exclude legitimate claimants under the Oil Pollution Act of 1990. To access a copy of their letter, click here.

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.