Oral Answers to Questions

Debate between Ian Lavery and Rory Stewart

Thursday 17th March 2016 Commons Chamber

[Ian Lavery (Wansbeck) (Lab)]

In Morpeth in my constituency, we have a Rolls-Royce flood defence system, but we also have a problem with insurance companies still quoting exceedingly high premiums. They blame the Environment Agency for not updating the data. What can the Minister do to resolve this unacceptable situation?

[The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs (Rory Stewart)]

There are two issues here which we will be meeting shortly to discuss. First, the introduction of Flood Re will ensure affordable flood insurance underwritten by a national scheme, meaning that lower-rate taxpayers’ premiums and excesses will be £250. Secondly, on businesses, we had a meeting yesterday with the British Insurance Brokers Association, which has now prepared a new package, with more specialised and precise mapping, to ensure that affordable flood insurance is available not just to households but to businesses.

Oral Answers to Questions

Debate between Ian Lavery and Rory Stewart

Thursday 5th November 2015 Commons Chamber

[Rory Stewart]

My hon. Friend raises an important point. I am glad that he recognises the work that has already been done along the Fylde coast, which is one of the top six projects for the Environment Agency. Nearly £80 million has been spent on protection along the Fylde coast. On farmland, the Dock Bridge pumping station and the work that my hon. Friend has done with farmers in situ are extremely important and I look forward to meeting him and the Environment Agency.

[Ian Lavery (Wansbeck) (Lab)]

Insurance companies are suddenly ignoring the £23 million flood defence system in Morpeth in my constituency, telling residents that it is “irrelevant”. Christine Telford, who has lived in the same property for 21 years, has just been quoted between £3,000 and £4,800, with an excess of £7,500. What will the Minister do to put pressure on insurance companies to give affordable and realistic insurance premiums?

[Rory Stewart]

This is a very important point. With the Government spending a record amount of money on flood defence—about £20 million in this case—it is important to have a standard that flood insurance companies recognise so that when we make the investment householders can benefit from it. I am happy to consider the individual case.

Oral Answers to Questions

Debate between Ian Lavery and Rory Stewart

Thursday 10th September 2015 Commons Chamber

[Rory Stewart]

Somerset has been a serious priority for the Government. More than £1 million has been invested in setting up the Somerset Rivers Authority. We have committed more than £15 million over the next six years to Somerset exactly to achieve the objectives laid out by my hon. Friend.

[Ian Lavery (Wansbeck) (Lab)]

Despite the completion only a couple of weeks ago of a first-class, Rolls-Royce flood alleviation scheme in my constituency, the residents are still terribly anxious about insurance. Will the Minister update the House on where we are regarding insurance premiums for flood alleviation schemes?

[Rory Stewart]

Flood Re was established in May and will become operational in May next year. The House will have an opportunity to debate the regulations with me next week.