Will the real Ken Feinburg- BP Pay Czar on 20B BP Fund please advise- Who is handling the claims when you take over- 2 entirely different quotes from you this week

This is just unbelievable! If it isn’t strange enough that hundreds of experienced adjusters have applied to work BP claims and can get no where the hopes were out there in the adjusting community that as soon as Ken Feinburg who has been appointed to take over the BP 20B fund administration this month that possibly more opportunities would present themselves for experienced adjusters to deploy to handle these claims.

In two different sources this week, we have Ken Feinburg alleged to be quoted with two entirely different versions of who will be handling the claims! It sure would be nice to clear this up and let the claims industry know – do we stay or do we go?

The first article published August 5, 2010 by Claims Magazine quotes Ken Feinburg as saying he will continue to use ESIS to handle the claims and expand that service if necessary in this article:

http://www.claimsmag.com/Exclusives/2010/8/Pages/Our-QA-With-Ken-Feinberg.aspx

It says in part on page 3 of the 4 page web exclusive article:

” Who will work for you on this project? Will you hire contract or independent adjusting companies?  

Right now, we are going to use the people that BP has contracted with and put into place. If we need more [personnel], then we will simply add to the resources that they are using now. (*Editor’s Note: BP is currently using Worley Catastrophe) I am sure that we will add the staff as we need to in the future as we improve the process. 

Next we have the website Pro Publica (their motto is Journalism in the Public interest) publishing an article only a few hours later on August 5, 2010 also quoting Ken Feinburg saying he is replacing ESIS with two other firms (non adjusting firms) who helped in prior mass claim settlements. The article in part quotes a BP spokes woman who confirms and says:

” Patricia Wright, a spokeswoman for BP, confirmed that ESIS would be replaced, and said that the decision was made by Feinberg without BP’s involvement. She said that BP was continuing to pay claims and that ESIS would stay on the job while BP retained control of the process. “Our contractors will continue to work until we transition,” Wright said.

The companies that will replace ESIS, Garden City Group and the law firm BrownGreer, both specialize in the resolution of mass claims. BrownGreer was previously hired by Feinberg [3] as a fee and expense analyst during his tenure as the executive pay czar overseeing compensation at banks that were bailed out by the federal government. “

Here are the links to the two companies named if you want to do your own further research:

Garden City Group headquartered in Melville, MY- Business week shows them as a subsidiary of Crawford and Company :

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1004650

and Crawford and Company also has information up on their website about Garden City Group here:

http://www.crawfordandcompany.com/content.aspx?CID=374&SID=2

  http://www.gcginc.com/pages/case_archive_search.php  (Says they are a class action law firm- this links takes you to an archive of numerous cases they have handled. Their home page says they employ over 400 nationwide).

Law Firm BrownGreer: Their website as well shows proactive involvement in claims administration of class action settlement cases to include Vioxx.

http://www.browngreer.com/who.htm

Contact information for BrownGreer:

BrownGreer plc

115 S. 15th Street
Suite 400
Richmond, VA 23219-4209

Main Number: 804.521.7200
Fax: 804.521.7299

Email: information@browngreer.com

Employment Opportunities: hrdept@browngreer.com

Now here’s another new twist- while researching BrownGreer who apparently has worked with the Feinburg firm before, I found a June 25, 2010 news release quoting the business manager for BrownGreer who confirmed back in June that Feinburg had hired them to take incoming claims information from the BP claimants. Here’s what she says in part in the article:

” Lynn Greer, a partner at BrownGreer, emailed a brief statement about her firm’s involvement in the BP claims process.

“BrownGreer PLC is assisting Ken Feinberg as the Administrator of the Independent Claims Facility established for the BP Deepwater Horizon oil spill,” Greer said in the email.”

Here is a link to this full article out of Richmond where BrownGreer is home based:

http://www.richmondbizsense.com/2010/06/25/local-firm-lands-bp-claims-work/

VIP- BrownGreer does have a job posting up on their career link looking for a claims reviewer here (requires a Bachelor’s degree) and it says they are accepting applications until August 12, 2010:

http://www.browngreer.com/images/pdfs/claimsreviewer_072910.pdf

I’ve made contact with a few sources working in BP claims offices and they knew that ESIS was going but have been told that does not apply to Worley that they are aware of. The adjusters there now do wear badges saying they work for ESIS.

Well, hopefully we will all know soon if independent adjusters through Worley and/or through these two new firms above will be used. The BrownGreer firm already shows they have analysts and claims reviewers on their staff on their career link.

More tomorrow on BP Claims statistics and more conflicting information on what will or will not be paid based on additional news articles under the new 20B BP Oil fund Ken Feinburg will be administering.

So- Should I stay or should I go- enjoy the video!

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4 Responses to Will the real Ken Feinburg- BP Pay Czar on 20B BP Fund please advise- Who is handling the claims when you take over- 2 entirely different quotes from you this week

  1. Dimechimes says:

    Here is a new link I found in the classified’s Sunday on a legal staffing firm also doing recruiting apparently for Brown Greer for Claims Reviewers:

    Here is a 2nd advertisement looking for Claims Reviewers for one of these 2 firms- the one that is in Richmond- I think that is the Brown and Greer firm and they are using a law staffing firm:

    http://www.jobhost.org/jobs/viewjob/claims-reviewer-0ca200fd38ad9372?source=indeed&medium=organic

  2. Dimechimes says:

    See note updated above in the post- Business week info shows Garden City Group to be a subsidiary of Crawford and Company who is a reputable large independent adjusting firm.

    http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1004650

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