Category: Flooding
Time called on flood insurance
The UK insurance market is slowly retreating from offering flood insurance as a standard feature of household and commercial property policies. That is the message from the latest iteration of the Statement of Principles issued at the end of last...
Posted by David Worsfold on July 15, 2008 10:59 AM | Permalink | Comments (0)
Floods still in the news one year on
The tough lessons from the floods last year are still being learnt. Environment minister John Healey spent yesterday touring various caravan villages in the north of England to see at first hand how the 1400 people still living in caravans...
Posted by David Worsfold on May 21, 2008 3:36 PM | Permalink | Comments (0)
Industry needs to be alert on floods fallout
The need for the insurance industry to be constantly vigilant on the fall out from last summer's floods was amply demonstrated in the House of Commons on Monday evening when the MP for Tewkesbury, Laurence Robertson, held an adjournment debate...
Posted by David Worsfold on January 9, 2008 9:10 AM | Permalink | Comments (1)
Flood row heats up
The temperature of the row between the Association of British Insurers and the government over spending on flood defences keeps risisng. The government thinks it has been generous, while the insurance industry (and many others) believes it falls far short...
Posted by David Worsfold on October 10, 2007 9:45 AM | Permalink | Comments (0)
Big let down on flood spending
Did I hear wrong? I could have sworn I heard the floods minister Hilary Benn say during the sodden summer as people baled out flood stricken homes that there would be an immediate increase in spending on flood defences to...
Posted by David Worsfold on October 9, 2007 5:40 PM | Permalink | Comments (0)
Floods: Warnings from Hull
One of the issues I warned about when writing on the insurance industry’s response to the floods in the north of England before Parliament’s summer recess is starting to rear its head: the prospect that people who were uninsured get...
Posted by David Worsfold on September 6, 2007 8:58 AM | Permalink | Comments (0)
After the deluge, the promises
What are we to make of the government's response to the devastating floods in Doncaster, Hull and Sheffield? One minute, the pleas for an uplift in spending on flood defences to £750m appear to be falling on deaf ears and...
Posted by David Worsfold on July 6, 2007 8:57 AM | Permalink | Comments (0)
Flood debate gains new momentum
As we watch yet another summer downpour, pressure is building up on the government to increase spending on flood defences. It is fast becoming an issue it cannot ignore. The scientific and political debates about the causes, effects and future...
Posted by David Worsfold on June 22, 2007 9:11 AM | Permalink | Comments (1)
Flood defence spending and Thoresen review get legislative nod from Gordon Brown
The government has been very slow to put any flesh on the bones of the Prime Minister's statement on Building Britain's Future yesterday, in which he set out the draft legislative programme for the session that will start in November...
Posted by David Worsfold on June 30, 2009 9:17 AM | Permalink | Comments (0)
Flood debate raises insurance concerns
Tuesday evening's second reading debate on the Flood and Water Management Bill saw the insurance industry come in for criticism for steep rises in excesses and premiums for people in flood-prone areas.MPs from all three main parties took the opportunity...
Posted by David Worsfold on December 17, 2009 12:21 PM | Permalink | Comments (1)
Plenty to keep the insurance industry occupied in Parliament's final session but what will make it over the finishing line?
The political arguments about the Queen's Speech might still be raging but my plea to the insurance industry is not to be fooled by those into failing to have a good look at what is coming up in Parliament in...
Posted by David Worsfold on November 23, 2009 11:07 AM | Permalink | Comments (0)
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David has been a financial journalist for 30 years and is currently Group Editorial Services Director at Incisive Media.
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