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Latest floods highlight increasing size of insurance risk

With the moratorium on flood insurance due to end in June 2013, the current flooding crisis ratchets up the risk of insurance ‘ghettos’ in the future where homeowners cannot get cover. Unless the government and the Association of British Insurers find a workable solution for borrowers more than 200,000 homes could be uninsurable by next summer.

November 28th, 2012 | No Comments »