The Risk and Insurance Management Society Inc. (RIMS) said today it has launched the RIMS Legislative Action Center on its Web site in an effort to involve members in its government affairs and lobbying initiatives.

The center can be accessed at www.RIMS.org/LegislativeAction.

“RIMS has made it easy for risk professionals to become more active in government affairs,” Terry Fleming, member of the RIMS board of directors and director of the division of risk management for Montgomery County, Md., said in a statement.

Just yesterday RIMS issued a statement calling for insurers to pull back their new bonus compensation plans for brokers and asking risk managers to push their brokers for transparency concerning fees.

RIMS said it advocates for an open dialogue among all parties on all issues of compensation, as well as all other aspects of the insurance transaction.

“RIMS is recognized in government as the voice of risk management, but we need members to become more supportive,” Mr. Fleming said, adding that the RIMS Legislative Action Center will “provide the risk management industry with the tools necessary to reach out to members of Congress and make their voice heard.”

The RIMS Legislative Action Center gives information and updates on key federal legislative initiatives, including the Terrorism Risk Insurance Act (TRIA), Surplus Lines Reform Legislation and Optional Federal Charter.

It also provides an extensive database on members of Congress, including voting scorecards and links to their Web sites. Additionally, to facilitate grassroots efforts, the Web site provides risk managers the opportunity to identify their local elected officials and send a personalized message via e-mail and mail–a feature that is particularly valuable during critical voting periods, RIMS said.

RIMS Government Affairs Department serves as the main conduit between the federal government and RIMS members, working with both the legislative and executive branches to advance the interests of the risk management community.

The organization also organizes an annual event called RIMS on the Hill that brings some 60 risk professionals to Washington, D.C. to receive updates on top legislative issues, lobbying training, and provides a platform for them to meet with members of Congress. The ninth annual RIMS on the Hill takes place June 12-13, in Washington, D.C. More details are available online at www.RIMS.org/Hill.

Special Reports /

RIMS Launches Legislative Action Web site

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