Insurers unlikely to sue ESB over floods

Despite the decision by University College Cork (UCC) to sue the ESB for €18m in damages, the Irish Insurance Federation (IIF) does not envisage its members taking similar action, an Oireachtas committee heard yesterday.
An estimated €150m in property damage occurred after the ESB released millions of litres of water from its Inniscarra Dam on the River Lee in Nov 2009.