Rising insurance costs, caused by an increase in class action cases, are not the fault of litigators but firms breaking the law, says Omni Bridgeway's Andrew Saker.
For Andrew Saker, chief executive of Australia’s largest litigation funder, Omni Bridgeway, the reason for class actions is a black and white proposition.
Companies and directors keep breaking the law, he bluntly tells The Australian Financial Review.
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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com