The cost of flooding

Flood defence money 'falls short'

Many parts of the UK were left under water in the summer floods
Insurers say they may not be able to provide cover despite the government pledging more money for flood defences.
The Association of British Insurers says the £800m a year the chancellor has pledged by 2011 is not enough.


more here

So the questions are, if the insurance industry want more investment, is there an underestimation of flood risk?
Does a 2 metre bank cut it?
Can Liatris afford it without severely curtailing other activities? (think community facilities here)

HT:BBC