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Court approves lawsuit against earthquake insurer

Posted On: Dec. 19, 2016 5:00 AM CST

New Zealand's High Court has approved a class action lawsuit against earthquake insurer Southern Response, reports. About 40 policy holders want to sue the insurer for alleged policy misrepresentations, undue delays in processing and the understatement of rebuilding costs. "Southern Response is considering its options, including an appeal," a Southern Response spokeswoman said.

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