Southern Response to close after seven years of bailouts, protests, legal action and spying
The Press, Dominic Harris, Aug 12 2019
A Crown-owned earthquake claims company that impacted the lives of thousands of Cantabrians will shut down in December.
Southern Response – set up by the Government when insurer AMI failed in in 2012 – has been winding down, with open claims now below 400. All outstanding business will to be passed on to a "receiving agency" when it effectively closes at the end of the year.
Tens of millions of dollars of unresolved cases are yet to be settled, but payouts have been guaranteed.