Incentive-based funding commission dropped in IAG insurance class action

Bannister Law 2019-06-28 12:48 pm By Amelia Birnie | Sydney

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The funder backing the IAG add-on insurance class action has agreed to a fixed 25 per cent commission, after the plaintiff copped criticism from a judge for the largely redacted funding agreement which called for lower rates if the case settled by a certain date.

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