UK fire and subsidence claims will rise due to extreme heat, says insurer
by Kalyeena Makortoff Banking correspondent from Environment | The Guardian on (#62C2J)
LV=GI says it is dealing with claims worth 1.2m after the heatwave of 17 to 20 July
One of the UK's largest home insurers has warned over the impact of record temperatures on claims, saying the climate crisis was already resulting in a rise in fire and subsidence cases this year.
LV=General Insurance (LV=GI), which was bought by the German insurer Allianz in 2019, said it was dealing with claims worth 1.2m after the extreme heat that hit the country between 17 and 20 July.
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