Insurance Post

Insurers call for government to tackle flood risks

People sandbagging flooded streets

Insurers have demanded the government “grasp the nettle” and tackle flooding risks after the Public Accounts Committee demanded a renewal of the voluntary flood insurance agreement.

According to the PAC report, ‘Flood risk management in England', 5.2m homes are at risk from flooding, and the annual cost of flood damage could rise from its current £1.1bn.

It called for the

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