The Association of British Insurers (ABI) has hit out at the government and said it would not renew the statement of principles for flood insurance as it was supposed to be a short-term measure and grossly distorted the market.
The declaration came on the same day as MPs criticised the government over flood defence spending and a lack of clear lines of responsibility in a new report. The ABI stated that insurers were "frustrated"...
The offering can be added to an existing policy while works are taking place.
Former Simplyhealth employee pleads guilty to fraud by abuse of position following £31,500 commission scam.
Brokers say they will rise to the challenge as concerns over passporting and government funding are raised amid confusion about the future.
Software company's operating profit also rose.