It is "far too early to say" if and by how much insurance premiums will go up after thousands homes and businesses were damaged by the south coast floods, according to the Association of British Insurers.
Malcolm Tarling told Daybreak that insurers would "do the maths" after flood victims had been allowed to safely move back into their homes.
More top news
The Government will urge the Church of England not to oppose plans to relax Sunday trading laws during a consultation starting today.
The number of night workers has risen to three million since the recession, with more women than ever working antisocial hours.
Sixteen Colombian police officers have been killed after their helicopter crashed while searching for the nation's most-wanted drug lord.