Flooding: Insurance Debate

Full Debate: Read Full Debate

Flooding: Insurance

Duke of Montrose Excerpts
Wednesday 18th July 2012

(12 years, 5 months ago)

Lords Chamber
Read Full debate Read Hansard Text
Lord De Mauley Portrait Lord De Mauley
- Hansard - - - Excerpts

My Lords, there is a lot in that question. I agree with the general thrust of what the noble Lord has said. Like him, I pay tribute to the Environment Agency staff who have worked tirelessly for 24 hours a day through the recent floods, the front-line emergency services, the Flood Forecasting Centre staff and the local authorities, all of whom have been working extremely hard.

Duke of Montrose Portrait The Duke of Montrose
- Hansard - -

My Lords, does my noble friend the Minister have a scheme whereby if a levy is imposed on the industry, it can be got to agree to absorb the cost of this? Will it not otherwise be passed on to the rest of the householders?

Lord De Mauley Portrait Lord De Mauley
- Hansard - - - Excerpts

My Lords, although it is early days in the negotiations, there are certainly a number of options as to which route could be followed. What my noble friend says is a very valid point and will certainly be taken into account.