Storms to cost millions not billions

Britain's worst storms for 10 years will cost insurers millions of pounds, but should fall short of t...

Britain's worst storms for 10 years will cost insurers millions of pounds, but should fall short of the £1bn paid out in 1987, says the Association of British Insurers.
The ABI's comments come after 90mph winds brought much of the country to a standstill, damaging buildings and transport. Blizzards in the north and widespread flooding added to the misery.
Though not as extreme as the gales of 1987 and 1990, the reoccurrence of such extreme weather conditions are thought to have been caused by

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.