As the industry begins a new battle to persuade government against cutting flood defence budgets (PM...
As the industry begins a new battle to persuade government against cutting flood defence budgets (PM, 24 August, p11) we look back five years to the last fight on the flood front.
Norwich Union, which plans to impose special conditions and higher rates on household policies in high flood risk areas from 1 September, is to personally lobby the government alongside the Association of British Insurers in an effort to ensure it honours its pledge to spend more on flood defences. The move reflects the warning by Post Magazine earlier this month that the government could renege on its commitment.
NU said it would "be lobbying the government to reverse the under-investment in flood defences in order to control preventable flooding and to help ensure the continued availability and affordability of insurance for customers in flood prone areas" and would continue "to call for a rigorous review of flood defence planning and funding".
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