Southern ­Response aftershock

The NZ Herald is reporting that Southern ­Response, the Government-owned company settling AMI's earthquake claims, has kept information from customers. The article reports that in some cases the withholding of "hidden" DRA's has resulted in lower settlement payouts.

They [Southern Response] took ­advantage of our situation to suddenly reduce the payout figure to a level that would probably have been acceptable to us without discharging the full costs to us
— Mark Gilmour, a 74-year-old ­former police officer.

Full story here: http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11932388

 

Simon Darby