Insurance Post

Blog: Government needs a plan of attack for flood defences

flood-sandbags

Phil Bird, pricing and underwriting director at Legal & General, argues the proceeds from the insurance premium tax rise must be spent on long-term strategy to protect home owners at risk of flooding

The Insurance Premium Tax is rising once more, a move that has received a mixed reception across the insurance industry.

Chancellor of the Exchequor George Osborne announced in his Budget statement

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