BIBA slams home insurance premium hike
The British Insurance Brokers’ Association has slammed announcements from insurers that property premiums will increase by 10% following the floods in the UK this summer.
Graeme Trudgill, technical services manager at BIBA, commented: “This is a knee jerk reaction from some direct insurers and is somewhat opportunistic. The market for home insurance is very competitiveOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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