Speaking at the May 22 meeting of the Mathews Board of Supervisors, Gwynn’s Island resident Judy Rowe warned of an impending insurance crisis in the county.
Rowe told the board that her 19-year policy with Farm Bureau Insurance had been cancelled, in spite of the fact that her payments had always been made on time, she had filed only minor claims over nearly two decades, and had filed no claims at all in 2011 or for 2003’s Hurricane Isabel or 2006’s Tropical Storm Ernesto.
"Water does not even come up in my yard," she said.
The problem, Rowe explained, is that Farm Bureau lost a lot of money in 2011 because of storms, tornadoes and other natural disasters, and so decided to cancel every policy holder in Virginia who has only property insurance and no other supporting business. This will occur monthly over the next year, she said.
Rowe said that Farm Bureau’s notification had allowed her only 28 business days to find new insurance coverage, an...
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