“ALLIANZ CITES ‘SIGNIFICANT SURGE’ IN SUBSIDENCE CLAIMS” (INSURANCE BUSINESS UK - OCT 2022)
UK subsidence claims increased by 140% in September 2022 (source: Allianz Commercial) due to adverse soil conditions brought on by a hot/dry summer and drainage leaks. Subsidence is a complex risk resulting in lengthy claim resolutions.
Read the full Insurance Business UK article here.