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When Rising Seas Transform Risk Into Certainty

April 19, 2017

Along parts of the East Coast, the entire system of insuring coastal property is beginning to break down.

In 1909, a group of Virginia developers placed an ad in The Norfolk Ledger-Dispatch announcing the creation of a subdivision that — because it was built on a pair of peninsulas where the Lafayette and Elizabeth Rivers poured into Chesapeake Bay — came to be known as Larchmont-Edgewater. The developers set up private jitney service to downtown and advertised the area as “Norfolk’s only high-class suburb.” People flocked to live by the water’s edge.

Click HERE for a link to the entire New York Times article,

Or click HERE for the article in Word format.

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