Insurers caught in political row after Christmas floods

Prime Minister David Cameron is under political pressure to explain the delays in implementing the Flood Re scheme following the floods that have devastated parts of the UK.

Cameron was confronted by a flood-hit victim in Yalding, Kent. Ericka Olivares urged the Prime Minister to bring forward a deal to provide affordable insurance for the households at greatest risk of flooding, which is not due to come into effect until summer 2015.

“It’s a disgrace that people in this village, not just me, but all the other families whose lives have been badly affected by the flooding, cannot get help with our insurance when we really need it,” she said.

Shadow environment secretary Maria Eagle said: “The Flood Re Scheme is included in the Water Bill, which is currently going through parliament.

“In the meantime insurers have agreed to offer cover to people in high risk flood areas in line with 2008 Statement of Principles.”