RIMS Submits Official TRIA Recommendations to President's Working Group

Letter Provides Commercial Insurance Consumer’s Perspective for a TRIA Resolution

NEW YORK (September 18, 2013) – Pursuant to RIMS meeting with members of the Federal Insurance Office (FIO) regarding the reauthorization of TRIA, the Society delivered an official letter to the President’s Working Group on Financial Markets to be considered for their report to Congress on the availability and affordability of insurance for terrorism risk.

RIMS official letter can be read here.

On August 29, former RIMS Presidents Scott B. Clark and Janice Ochenkowski, RIMS External Affairs Committee Chair Richard Rabs and members of RIMS Government Affairs practice met with the FIO to voice the Society’s concerns regarding TRIA’s 2014 expiration.

To learn more about RIMS government affairs initiatives, visit www.RIMS.org/externalaffairs.

About RIMS

As the preeminent organization dedicated to promoting the profession of risk management, RIMS, the risk management society®, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS is committed to advancing risk management capabilities for organizational success, bringing networking, professional development and education opportunities to its membership of more than 10,000 risk management professionals who are located in more than 60 countries. For more information on RIMS, visit www.RIMS.org.