But he said it provided the company with protection from future claims.
He also said that about $100 million of the total would come from claims in Louisiana.
In general, your retirement plan is safe from claims by other people.
The company also said it held $100 million in liability insurance to protect itself from claims.
About 75 percent of the agency's $4 billion deficit results from claims by steel companies.
If pushed, he is willing to raise the number to 500,000, in either case a far cry from earlier claims of more than three million.
But just about every global event suffers from exaggerated claims.
Cable's not going to stop abused staff from filing claims.
China's claims to these islands come from its claim of the entire continental shelf.
He added that most board members had directors' and officers' liability insurance to protect them from such claims.