BP fund pays out $5 billion to Gulf spill victims
The sum amounts to roughly 25 percent of the $20 billion fund, known as the Gulf Coast Claims Facility, which was set up one year ago in the wake of the April 2010 spill.
So far, there have been 947,892 claims filed from all 50 U.S. states and residents of 36 countries. Nearly all of the successful claimants to date come from four states: Florida, Louisiana, Alabama and Mississippi.
(Reporting by Moira Herbst; Editing by Derek Caney)