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Tax payer will not be insurer of last resort in Floor Re, says Benyon

Richard Benyon

The government will not be the insurer of last resort under the proposed Flood Re scheme, environment undersecretary Richard Benyon said yesterday.

Speaking at an All Party Parliamentary Group Insurance and Financial Services meeting, Benyon, pictured, said: "We will legislate through the Water Bill and the industry will do the rest. There will

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