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New York Senator Michael Balboni, a member of the Senate Insurance Committee, has introduced a bill that would help protect New Yorkers from the consequences of a catastrophic storm, terrorist attack, or other event.

Many may not realize that in September of 1938, one of the nation’s most destructive hurricanes — dubbed “The Long Island Express” — killed 700 and caused $308 million in damages in the New York area. If a hurricane of similar force were to hit Long Island today, replacement costs are estimated to be in the tens of billions of dollars.

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