Here comes the flood
Brokers are hoping for a watertight solution to stem the tide of the UK’s flood insurance crisis
Britain has been battered by its wettest start to a summer for more than a century and the deluge has only heightened the on-going controversy about the UK’s chronic inability to tackle its pending flood insurance crisis.
The Association of British Insurer’s (ABI) statement of principles obliges members to offer cover to all residential properties and small business properties provided the risk of flooding is no worse than once every 75 years. It was last revised in 2008 but the ABI could not be
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