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.
Some of the Information that appears on this site is produced by Chartwell Insurance Services an independent insurance broker specializing in the personal asset protection of successful individuals. Other content is provided as a resource. The contents of all posts are informational only and Chartwell Insurance Services is not providing legal advice nor policy interpretation. If you have questions please direct them to a representative of Chartwell Insurance Services.