2004) about one hundred homes were seriously affected with total costs estimated at some fourteen
million euros. One expert interviewed said that it took nearly eight years for some homeowners to
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receive their compensation from the WTS. This was cited as a typical example of the inherent public
sector inefficiency of the WTS. Another expert, also with knowledge of the Wilnis flood, contradicted
this presentation of the facts. He pointed out that under the WTS immediate payments were made
based on calculation by the (private sector) loss adjusters contracted by the government to do this job.
Inevitably, there were a few disputes between the victims and the government regarding the extent that
losses should be compensated. This necessitated the involvement of the courts which then took a few
years to resolve. This example raises the question as to how this case would have been different under
a private insurance system. Many people who have been flooded in the UK and had difficulty reaching
settlements with private insurance companies might not agree with this assertion of private sector
efficiency and fairness
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