LNRS calls for increased subsidence focus post-flooding
Climate-change induced flash flooding is likely to lead to severe subsidence, which must be tackled at a “granular level” by insurers said Lexis Nexis Risk Solution's senior product manager Caroline Elliott-Grey.
Lexis Nexis Risk Solutions, using data from its Precision Claims service, has found that 70% of UK home insurance flood claims relate to surface water flooding caused by intense rainfall and flash
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