NU Online News Service, April 1, 3:54 p.m. EDT

RIMS says today it has established RISK PAC, a political action committee to support the campaigns of candidates for the U.S. Congress.

The PAC is registered with the Federal Election Commission (FEC) and will comply with all requirements of the Federal Election Campaign Act and FEC regulations.

"The RIMS board of directors unanimously voted to authorize the establishment of RISK PAC to help elect candidates who will advance the practice of risk management and the interests of our members on public policy issues important to the risk management profession," Scott Clark, president of RIMS says in a statement.

Terry Fleming, immediate former president of RIMS, has agreed to serve as the chairman of the RISK PAC Trustees Committee. The committee, to be comprised of RIMS members, will govern RISK PAC and report to the RIMS board of directors.

"RISK PAC gives over 3,000 RIMS deputies in the U.S., representing more than 6,000 individuals, a way to legally pool their voluntary donations and support federal candidates," says Fleming. "This is an important advocacy tool and will help increase awareness and understanding of the interests of risk management among our nation's policymakers."

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