IDC Press Conference: Updating New York State's Risk Assessment and Management Strategy

Responding to perennial increases in hurricane and disaster related spending, the Independent Democratic Conference will introduce legislation recommending the creation of a new statewide office charged with improving New York's risk management and cost avoidance practices. The new office, which will be funded exclusively by annual cost savings generated by it's operations, will use the same modern-day risk assessment techniques that currently save states such as Florida and Texas tens of millions of dollars each year. The IDC estimates that by utilizing modern-day risk management practices, New York State could avoid up to $150 million in spending over the next three years.

Who: Senator Jeff Klein, Assemblyman Matthew Titone, Senator Malcolm Smith, Senator David Carlucci, Senator Diane Savino, Senator Andrew Lanza, Senator Martin Golden, Senator James Sanders, Senator Lee Zeldin, Senator Joseph P. Addabbo, Albany County Executive Dan McCoy, Stephen J. Acquario, Executive Director of the NY Association of Counties, Marilyn Rivers, City of Saratoga Director of Risk and Safety, Sharon Kellner-Chille, City of Saratoga, Deputy DIrector or Risk and Safety