Insurers still refuse cover in areas that have flood defences
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.