The government must develop a long-term strategy to manage the UK's growing flood risk, insurers have warned.The Association of British Insurers (ABI) wants a comprehensive assessment of flood risk and a programme of "sustained" long-term investment.
It says the summer floods, expected to cost around �3bn, should be a "final wake-up call" for the government.
Ministers have already pledged to increase flood spending from �600m a year to �800m by 2010/2011.
Read More
