RIMS is working with members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs to move surplus lines legislation! Before it moves, we must change the definition of a “qualified risk manager” so that S. 929: the Nonadmitted and Reinsurance Reform Act will include all of the risk managers who are members of the Society. RIMS members have been working on this legislation for several years to address the non-admitted or surplus lines market, especially important to the market for property/casualty insurance. The legislation has already passed the U.S. House of Representatives, and is now up to the Senate Banking Committee to act.
Today, we are asking that members send an e-mail through RIMS Legislative Action Center to their member on the Senate Banking Committee urging them to mark up the legislation. We need members in the following states to help:
Alabama – Sen. Richard C. Shelby (Senate Banking Committee Ranking Member)
Colorado – Sen. Wayne Allard
Connecticut – Sen. Christopher J. Dodd (Senate Banking Committee Chairman)
Delaware – Sen. Tom Carper
Florida – Sen. Mel Martinez
Hawaii – Sen. Daniel K. Akaka
Idaho – Sen. Mike Crapo
Indiana – Sen. Evan Bayh
Kentucky – Sen. Jim Burning
Montana – Sen. Jon Tester
Nebraska – Sen. Chuck Hagel
New Jersey – Sen. Robert Menendez
New York – Sen. Charles E. Schumer
North Carolina – Sen. Elizabeth Dole
Ohio – Sen. Sherrod Brown
Pennsylvania – Sen. Robert P. Casey
Rhode Island – Sen. Jack Reed
South Dakota – Sen. Tim Johnson
Tennessee – Sen. Bob Corker
Utah – Sen. Robert F. Bennett
Wyoming – Sen. Michael B. Enzi
Please notify Kathy Doddridge, RIMS Government Affairs director, at kdoddridge@RIMS.org so that we can monitor our grassroots activities.