Statement of Principles extension mooted as flood solution sticking plaster
Extending the Statement of Principles may have to be explored as a stopgap if discussions between industry and the government over a long-term flood risk solution rumble on, despite insurers insisting that they will not back down in this way.
With just 10 months left until the industry's agreement with the government expires, Steve Foulsham, head of technical services at the British Insurance Brokers' Association, believes that an
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