Govt insurer wants to cut litigation funder out of potential settlement

Wed, 25 Sep 2019

By Jenny Ruth Sept. 26 (BusinessDesk) - Southern Response appears to want to avoid its claimants having to pay a portion of any settlement to litigation funder, Claims Funding Australia, flying in the face of a landmark Court of Appeal decision. The government-owned insurer, which took over claims on policies written by AMI before it failed in 2012, is still making up its mind about whether to appeal that judgment published earlier this month. Southern Response says in a statement that it would like to "proactively respond," once its a...

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