This Tuesday, April 1, 2014 file photo shows a key in the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. The death toll from crashes involving General Motors cars with defective ignition switches has climbed to 57. The total number, posted Monday, Feb. 23, 2015 on an Internet site by compensation expert Kenneth Feinberg, is one more than last week.Molly Riley/The Associated Press
General Motors' faulty ignition switches were responsible for at least 124 deaths and 274 injuries, according to a fund set up to compensate victims.
The fund, administered by attorney Kenneth Feinberg, updated the totals Monday.
Victims' families are being offered compensation of at least $1 million each.
The fund has finished processing the 4,342 claims it received by the Jan. 31 deadline. Of those, 91 per cent — or 3,938 — were deemed ineligible. Feinberg is waiting for additional documentation for six claims.
Fund spokeswoman Camille Biros says 385 compensation offers have been made so far and 275 have been accepted. Five have been rejected.
GM recalled 2.6 million Chevrolet Cobalts and other small cars last year but acknowledged it knew about the ignition switch problems for more than a decade.
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