Govt liability in Southern Response class action could exceed $400m

Sat, 11 Apr 2020

Data on 200 cases that are part of the class action against Southern Response suggest the government's liability to the about 3,000 potential plaintiffs could exceed $400 million. The cases are those whose claims were settled before Oct. 1, 2014 by Southern Response, but where the government-owned insurer concealed from claimants the true cost of rebuilding their homes. Southern Response took over claims on policies written by AMI before the private insurer failed in 2012. In July 2015, the Supreme Court held that Southern Response's beha...

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