Government’s Flood Re scheme underestimates number of properties at risk due to climate change, researchers find. Read more in the Guardian…
Insurance
Flood insurance agreement reached
Defra and Association of British Insurers reach an agreement on flood insurance. Hundreds of thousands of households in flood-prone areas will be guaranteed affordable flood insurance after the government and insurance industry agreed a deal today. Read more at GOV.UK…
Flood insurance deal sees fears recede over future cover
Households previously hit by flooding faced being unable to renew their home insurance, or be charged extortionate rates. Hundreds of thousands of flood-hit homeowners will still be able to buy insurance after a deal was reached between the government and the insurance industry. Read full article in the Guardian…
£370m spending boost for new flood defences
Figure for 2015-16 is an almost 50% increase compared with this year, with government pledging to increase sum in line with inflation until 2021. Read more in The Guardian…
