Has Laara' Tal re-emerged?

There's talk at the Boneyard and at ports that the famed continent of Laara' Tal has recently re-emerged from the receding flood waters. Treasure hunters and pirates alike are scrambling to set sail for the continent, despite little proof of the riches that await. For many have claimed to have set foot on the shores of Laara' Tal, but no one is willing to offer up their gold and jewels as proof. One thing is for certain, though. It's a good time to be a halfling in Vanya.