The Finance Minister says the attitude of insurance companies to flood protection measures is "bordering on the ridiculous.
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Michael Noonan's faced questions in the Dáil about the fact that hundreds of millions of euro of taxpayers money is to be spent on so-called "demountable" flood protection schemes.
But the insurance industry is refusing to accept such schemes as sufficient and continues to deny cover.
Michael Noonan says he doesn't understand it
