Arcuri Visits Whitney Point to Discuss Flood Insurance Reform

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Arcuri Visits Whitney Point to Discuss Flood Insurance Reform

7-16-10: Courtesy of WBGH-Binghamton. Arcuri joined Mayor Gerald Whitehead and other local officials along with impacted residents and business owners to discuss the Flood Insurance Reform Priorities Act of 2010 (H.R. 5114), which passed in the U.S. House of Representatives with strong bipartisan support on Thursday, July 15, 2010. As thousands of families and businesses across Upstate New York face a new requirement to purchase flood insurance as they are remapped by the Federal Emergency Management Agency (FEMA) into new flood zone boundaries (including Broome County), this legislation would allow property owners the option to delay the purchase of flood insurance up to five years, and once a policy has been initiated, phase in premium rates over a five year period. For more information, please click here.

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