UK Edition

Friday, 30 October 2026

Markets Brief

News, business, world affairs and market coverage

UK

UK subsidence claims surge after hottest summer on record

Markets Brief gilt-and-policy note (2026-09-05): Insurers in England and Wales tell of busy August with one reporting near-140% jump in claims UK insurers are experiencing a surge in the number of homeowners… Primary source: original at The Guardian (theguardian.com).

UK subsidence claims surge after hottest summer on record

Insurers in England and Wales tell of busy August with one reporting near-140% jump in claims

UK insurers are experiencing a surge in the number of homeowners making claims for subsidence after the hottest summer on record, with Hastings Direct reporting a near 140% jump to an all-time high for August.

Insurance firms have been overrun by calls and online queries, as well as a rise in claims during the five heatwaves that followed the warmest spring ever recorded in England and Wales.

Continue reading...