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 Fund Boston is intended as a central place to gather donations for bombing victims.
Feinberg has also administered compensation funds for victims of the 2010 BP Gulf Coast oil spill and mass shootings at Virginia Tech and Aurora, Colo. The Brockton, Mass., native is chairman of the John F. Kennedy Library Foundation board.
Patrick and Menino said that by 5 p.m. Wednesday the fund had more than $7 million in commitments from corporate and individual donors, and more than $500,000 in online donations from 8,500 people.
- Goldman Sachs Ensnared in EY Data Breach Earlier This Year
- Warren, Hawley Press Insurers Over Closed, Unpaid Claims
- Don’t Sweat the Heatwave, El NiƱo Is Cooking up Some Raucous Weather for California
- Agentic Intelligence for Claims Dominates New Tech Launches
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- New Corgi, Liberate, VERVE Claims Tech. Do We Need New Acronyms?
- Are We Training Claims Adjusters or Claims Processors?
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage