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FLOOD INSURANCE FOR SMALL BUSINESSES

EDM (Early Day Motion) 368: tabled on 16 October 2014

Tabled in the 2014-15 session.

This motion has been signed by 33 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House notes with concern how small business owners in flood risk areas, many of whom have seen their livelihoods and properties destroyed or damaged due to flooding, face prohibitively high insurance premiums and excesses or outright refusal from insurance companies to cover their businesses; further notes that the current Statement of Principles Agreement between the Association of British Insurers (ABI) and the Government is a guarantee to provide insurance that only addresses availability of insurance and not affordability, and its successor scheme Flood Re excludes small businesses from those it will cover; further notes with concern the consequent fear and uncertainty amongst the business community at the lack of any guarantee when Flood Re begins next year; further notes also that leaseholders as a group will be excluded from Flood Re and the anxiety this is causing; welcomes initial commitments from the Department for Environment, Food and Rural Affairs and ABI to look at evidence of the difficulties faced by small businesses in flood risk areas; and calls on the Government to take swift action by introducing a stand-alone Flood Re 2 agreement for small businesses and leaseholders which addresses both affordability and availability of insurance.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Beith, Sir Alan
Liberal Democrat
Signed on 1 December 2014
Berwick-upon-Tweed
Campbell, Mr Gregory
Democratic Unionist Party
Signed on 13 January 2015
East Londonderry
Caton, Martin
Labour
Signed on 22 October 2014
Gower
Cooper, Rosie
Labour
Signed on 17 December 2014
West Lancashire
Crockart, Mike
Liberal Democrat
Signed on 2 December 2014
Edinburgh West
Cunningham, Sir Tony
Labour
Signed on 5 December 2014
Workington
Evans, Mr Nigel
Conservative
Signed on 5 November 2014
Ribble Valley
Gilbert, Stephen
Liberal Democrat
Signed on 26 November 2014
St Austell and Newquay
Glindon, Mrs Mary
Labour
Signed on 27 October 2014
North Tyneside
Hepburn, Mr Stephen
Labour
Signed on 25 November 2014
Jarrow
Hunter, Mark
Liberal Democrat
Signed on 22 October 2014
Cheadle
Jones, Mr David
Conservative
Signed on 19 November 2014
Clwyd West
Kennedy, Mr Charles
Liberal Democrat
Signed on 20 January 2015
Ross, Skye and Lochaber
Leech, Mr John
Liberal Democrat
Signed on 27 October 2014
Manchester, Withington
Llwyd, Mr Elfyn
Plaid Cymru
Signed on 25 November 2014
Dwyfor Meirionnydd
Long, Naomi
Alliance
Signed on 11 December 2014
Belfast East
McCrea, Dr William
Democratic Unionist Party
Signed on 22 October 2014
South Antrim
Osborne, Sandra
Labour
Signed on 3 December 2014
Ayr, Carrick and Cumnock
Ruane, Chris
Labour
Signed on 21 November 2014
Vale of Clwyd
Ruddock, Dame Joan
Labour
Signed on 26 November 2014
Lewisham, Deptford
Sanders, Mr Adrian
Liberal Democrat
Signed on 5 November 2014
Torbay
Simpson, David
Democratic Unionist Party
Signed on 22 October 2014
Upper Bann
Smith, Sir Robert
Liberal Democrat
Signed on 30 October 2014
West Aberdeenshire and Kincardine
Thornton, Mr Mike
Liberal Democrat
Signed on 21 November 2014
Eastleigh
Williams, Mr Mark
Liberal Democrat
Signed on 28 October 2014
Ceredigion
Williams, Roger
Liberal Democrat
Signed on 18 December 2014
Brecon and Radnorshire
Wilson, Sammy
Democratic Unionist Party
Signed on 4 December 2014
East Antrim

There are no withdrawn signatures for this motion.