United Kingdom: ‘Disappointment’ at failure to reach flood insurance deal

Posted by Telegraph: Jessica Winch on March 26th, 2013
Telegraph: The Association of British Insurers (ABI) and the Government have been in talks over a new strategy, which would provide a pot of money raised from insurance premiums for paying claims in the event of serious flooding. Mr Paterson told the Environment, Food and Rural Affairs Committee: "We really are working on this in a very intense manner, but there is no point coming up with an agreement just for the sake of it. We've got to get it right. He went on: "I think they are as disappointed as......

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