Severe weather ‘highlights climate change bill significance’

Support for the climate change bill as a provider of opportunities to tackle the increased occurrence of extreme weather was voiced today by the Association of British Insurers (ABI).

Anyone considering investing in a new home may be interested to read that Jane Milne, head of property insurance at the ABI, has noted the destructive impact the recent severe flooding has had on the lives, homes and businesses of people across England, Scotland and the rest of the UK.

"We thoroughly endorse the joint committee’s recommendations that there should be regular reports to parliament on the climate risks we face and the measures government and local authorities have in hand to deal with them," she asserted.

Ms Milne stated that climate change could also increase incidences of storm damage, subsidence and heat waves, all of which could impact upon the choices made by new home buyers.

Following the flooding across the UK, applications for house insurance from Scottish residents, along with people from Sheffield, Doncaster, the West Midlands and Hull, increased by up to 300 per cent, according to price comparison site moneysupermarket.com.