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Insurance Business | 26 Feb 2016, 11:41 a.m. Agree 0
While this government insurer has welcomed a judge’s decision not to allow a representative action against it to proceed, the lawyers involved have vowed to continue the fight.
  • Andrew Hooker Lawyer | 26 Feb 2016, 01:07 p.m. Agree 0
    Interesting comment by Professor Merkin, an insurance law giant. However of course Professor Merkin is a "special counsel" to DLA Piper, one of the biggest firms representing insurers including, you guessed it, Southern Response. To suggest that organisations that fund litigation "care only about profit" and that their involvement can only delay the claims by making unrealistically large claims, is surprising from a legal academic, as it is a gross over-generalisation. People who are strapped for cash, and living in poorly repaired or un-repaired houses five years after the earthquake, may have a different opinion on the cause of the delays. Unlike insurers which can call on million and billion dollar resources to fight claims to the death, often funding is the only option for these people.
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