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Fri 08 Aug 2008Consumers will pay the price for flood damage
With flooding and weather-related claims predicted to cost up to €50 million this year, a rise in insurance premiums looks inevitable, writes Caroline Madden
THE SOUND of a stable door slamming shut after the horse had bolted could be heard earlier this week, when Minister for the Environment, John Gormley, vowed that new planning guidelines would be introduced to prevent any major construction on flood plains in the future.
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