Insurers ‘must play their part’ in areas with flood defences

Minister says if state invests millions in protection schemes, then industry should offer cover to businesses

The main street in Midleton, Cork, after the recent floods. Picture: RollingNews

Simon Coveney has said insurers must “play their part” in areas where the state invests in flood defences.

The Minister for Enterprise was speaking after several parts of the country, including Cork, Wexford and Louth, were affected by extreme flooding and businesses complained that they could not get insurance cover.

“When the state invests tens of millions of euro in flood defence schemes, and they work, we expect the insurance industry to respond positively to ...