Wednesday, February 12th, 2014 — Waterlogged towns on the River Thames west of London braced for more floods as rains persisted across southern England and Deloitte LLP said the storms may cost insurers 1 billion pounds ($1.6 billion) by April. The Environment Agency has 16 severe flood warnings in place, 14 of them along Englands most famous waterway. Towns in Londons commuter belt including Chertsey, Egham and Datchet are affected.