Flooding - High but not so dry
Local authorities in the UK are facing multi-million pound repair bills after choosing to self-insure against flood risk damage, and while many of them made a calculated decision based on a low flood risk, lessons still have to be learnt, as Sam Barrett reports
When huge areas of the country found themselves underwater this year, many homeowners and businesses learnt the value of insurance. But for local authorities that had chosen to self-insure against
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