ABI claims government flood talks have hit deadlock

Andrew Pearce
26 Nov 2012

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The insurance trade body urged the government to commit to a joint solution and described the current state of talks as having hit an "impasse".

It said the government is refusing to consider providing a temporary overdraft facility to its proposed not-for-profit special insurance fund for 200,000 households at most danger.

And the ABI maintained that the insurance industry is not asking the government for support funding.

ABI director general, Nick Starling, said: "The government has indicated

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