Insurers still refuse cover in areas that have flood defences
Published 27/01/2016 | 02:30
The insurance industry is still refusing to provide cover to homes in areas where flood defences have been put in place, the Irish Independent has learned.
In a major embarrassment for the Government, the industry is standing by its staunch criticism of the use of temporary flood defences, or so-called 'demountables'.
Earlier this month, Taoiseach Enda Kenny hauled representatives of the insurance industry to a meeting in Government Buildings and demanded a report within seven days. But the industry made no pledges, instead encouraging the Government to create its own "social compensation scheme" for homeowners who cannot secure cover.
In a letter to Mr Kenny, Insurance Ireland said it "encourages the Government to place the emphasis on fixed defence standards built and maintained to the 1:100 year standard in future".
Over one in 10 properties in areas where there are permanent flood defences do not have insurance cover.