OFFICIAL CORRECTION-UPDATE 2-Boeing to pay 737 MAX crash victims' families $144,500 each

Boeing Co will pay the families of 346 people killed in two fatal 737 MAX crashes $144,500 each from a $50 million financial assistance fund announced in July, the fund's administrators said on Monday. The fund, overseen by Washington lawyers Ken Feinberg and Camille S. Biros, will begin accepting claims from family members immediately. The 737 MAX has been grounded since March after fatal crashes in Ethiopia and Indonesia.