New flood insurance scheme for homeowners launches

Flooded streets in Mytholmroyd in Calderdale Credit: PA

Hundreds of thousands of homeowners who had been affected by flooding - should find it easier to get house insurance from today.

Hundreds of thousands of homeowners who had been affected by flooding - should find it easier to get house insurance from today.

The Flood Re scheme launches today. It protects insurance companies against multiple claims after severe flooding - and should make it easier for them to offer cheaper policies to customers

But there are questions about how successful it could be - and whether it does much to tackle the long term problems caused by flooding. Michael Billington reports.