Minister Spelman hints at flood deal with ABI, rejecting pure risk-based pricing
Environment minister Caroline Spelman, pictured, has told the Association of British Insurers’ property conference that the idea of flooded households being left to fend for themselves is unacceptable.
But she refused to reveal a solution claiming government insurers and brokers had not completed their discussions.
She welcomed proposals from the ABI and brokers as "constructive" and insisted some
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