General Motors' fund for those injured or killed in faulty vehicles had received at least 93 applications for compensation awards as of Monday, the Detroit News reported.
The fund, which is being administrated by attorney Kenneth Feinberg, opened for applications on Friday. Around 50 applications for compensation were received the first day, Camille S. Biros, deputy administrator of the fund, told the News.
Simpler claims should be resolved within 90 days, while more complicated applications will take around 180 days to process. Decisions will be made once fund administrators determine if award applications are "substantially complete."
GM has put aside $400 million to cover restitution to those injured and the families of those killed in its vehicles; the automaker said the amount could rise to as much as $600 million.
People affected by the problematic GM cars were given more detailed instructions on filing claims at a recent Senate hearing, Edmunds.com reported last month. Feinberg, who is handling compensation to victims on GM's behalf, is also known for having worked on high-profile cases such as the 9/11 attacks and the Virginia Tech shootings.
According to GM, 683,196 of the vehicles linked to 54 crashes and 13 deaths have been repaired as part of a 2.6 million-vehicle recall for small cars including the Chevrolet Cobalt and Saturn Ion. All of the vehicles, which have faulty ignition switches, should be repaired by October, the automaker has said.
Most of the compensation applications so far have been mass filings from lawyers who represent many victims and filed the claims online.
GM is only offering compensation to people affected by crashes and is currently fighting nearly 100 class-action lawsuits from owners who claim financial damages related to the recall.
Altogether, the automaker's North American unit has issued 60 discrete recalls comprising a total of 29 million vehicles this year.
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