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You can blame Global Warming. I know most of these writers are Tea Party associates based on what I've read so you won't want to hear about Global Warming however much of the world does including insurance companies! They have been dealing with billions of dollars of pay outs due to natural disasters. Yes the 38 and 54 hurricanes were devestating but look at the past couple of decades and the amount of natural disasters both locally and nationally. I won't go through the list of all the storms and floods. Hurricane Sandy was such a close call devestating CT,NY,NJ and parts of RI. Oakland Beach was spared this time. It is only a matter of time that a hurricane or super storm floods Oakland Beach again. Do you think the puny small sea wall will protect it? The walls built in New Orleans didn't protect them against Katrina.

From: Costly flood insurance expected to devalue many city properties

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