Insurers likely to avoid repeat of 2022 subsidence losses
The insurance industry will likely avoid another spike in subsidence claims this year, despite earlier concerns of a repeat of the costly conditions experienced in 2022.
The cost of a subsidence surge last year is expected to reach £219m, according to the Association of British Insurers.
Some 23,000 claims were made in 2022, compared with the 16,000 that would be
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