Flooding
Environment Agency warns of 'danger to life' in 21 flood zones
The Environment Agency has issued 21 severe flood warnings across the UK , noting that storms hitting the UK could threaten lives locally.
ABI has 'no plans to bring Flood Re forward'
The ABI has rejected calls to bring the implementation of Flood Re forward in the wake of severe flooding over the Christmas period.
Home insurers expected to pass on 2013 savings to consumers
Home insurance premiums could fall by at least 5% this year as home insurers pass on the benefits of achieving their best set of results in almost two decades.
Christmas storms unlikely to halt sliding premiums
Storms which battered the UK over the Christmas period are unlikely to contribute to reversing tumbling home and motor premiums according to the AA.
Adjusters on alert as pre-Christmas storms forecast
Loss adjusters are putting contingency plans in place for the Christmas period following Met Office flood warnings for parts of England and Scotland.
Further storms predicted next week as insurers remain vigilant
Insurers have been warned that much of the UK will be impacted by storms that are set to wreak havoc on homeowners and commuters next week.
Flood victims face health risks due to drying delays
Hundreds of flood victims are waiting over a week for contractors to begin drying work on flooded properties, one of the technical committee of the new PAS 64 standard on flood damage restoration has claimed.
Industry plays down impact of St Jude and Xaver storms on full-year results
Losses expected to be ‘in tens of millions, not high hundreds of millions’.
Recent floods could cost the industry £100m
Claims arising from the coastal floods that hit parts of the UK last Friday could potentially reach £100m, according to PWC estimates.
RSA deploys emergency vehicle in Lincolnshire
RSA has deployed its emergency response vehicle to Boston in Lincolnshire to assist people affected by flooding.
Loss adjusters seeing steady flow of storm claims
Loss adjusters are praising flood defence mechanisms in standing up to yesterday’s storm which has seen the east coast of the UK battered by surges and high tides.
Severe flood warnings in place across the UK as storm sees thousands evacuated
Two people are known to have died while thousands more were evacuated from their homes as a tidal surge battered coastal towns along the east coast of Britain.
GAB Robins issues amber alert on east coast weather warnings
Loss adjuster GAB Robins will be mobilising additional field teams to the east coast in preparation for the predicted storm expected to bring gale-force winds, heavy rainfall and possible coastal flooding to the area.
DLG issues advice to customers in face of weather warnings
Direct Line Group has issued advice to its customers following warnings of high winds and flood risks issued for various regions in the UK.
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Aon Benfield subsidiary launches flood cat model in Netherlands
Aon Benfield’s catastrophe modelling centre has launched a model to understand the financial impact of flood damage in the Netherlands for property and motor.
ABI property boss Kerr defends SME's exclusion from Flood Re
The Association of British Insurers' head of property has dismissed concerns raised by the British Insurance Brokers' Association relating to the omission of SMEs from Flood Re by claiming there is "no evidence" to support their inclusion.
Industry reputation will be tested by response to surge events, ABI warns
How the insurance industry responds to flood events going forward will be a key test for its reputation, the Association of British Insurers says.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
ABI calls for more investment in flood defences
The Association of British Insurers has called on the government to invest further in flood defences.
Biba disappointed at government’s SME flood exclusion
The British Insurance Brokers’ Association has expressed its disappointment at the government’s decision to exclude SMEs from incoming flood legislation.
Flood Re 'devalued' by affordability fears claims CII broking group
Flood Re is “devalued” by a lack of proposals to address issues of affordable premiums according to a paper from the Chartered Insurance Institute’s new generation broker group.