Editor's Comment: Writing a new chapter

stephanie-denton-new

The bad news is that the odds are that most of us will have given up our resolutions by 14 January, but the good news is that the insurance industry seems to be writing a new chapter in its history.This festive period saw what may well be the worst floods in the UK in recent history, with initial estimates by the Association of British Insurers that the final cost paid out by insurers following flooding caused by the Desmond, Eva and Frank storms could hit £1.3bn.Unfortunately, floods aren’t new