Flood cover could be pulled following reforms warns ABI
Government tactics to reform the planning process must not lead to uninsurable building developments, the Association of British Insurers (ABI) has warned.
The ABI is concerned that reforms will encourage building in flood risk areas, so making flood insurance more expensive or even unobtainable. The ABI estimates that currently, one in six properties - five million homes and 185,000 businesses - in England are already at risk of flooding and that proposals to give local planning authorities more powers in the planning process will lead to a rise in developments being built in flood risk areas.
To reduce this risk, the ABI has called on the
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