Insurance Post

Pulling up the drawbridge

With the industry still lobbying hard for increased investment in flood defences, talk is turning again to the issue of unsuitable property development on at-risk land. While insurers have taken this summer's £3bn clean up bill on the chin - and continued to maintain cover - it is becoming increasingly insistent that sensible precautions need to be taken. Rachel Gordon reports

Bearing in MIND the UK insurance industry is facing a bill of at least £3bn for the two major flooding incidents this summer, it has arguably been very accommodating in its approach to maintaining

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