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RIMS April Government Affairs Update 2015 5/4/2015

Nathan Bacchus, RIMS Sr. Government Affairs Manager

NAIC Principles for Effective Cybersecurity Insurance Regulatory Guidance ​​

The National Association of Insurance Commissioners’ (NAIC) Cybersecurity Task Force released its “Principles for Effective Cybersecurity Insurance Regulatory Guidance” document on April 17. RIMS had filed comments on a previous draft on April 10. Those comments can be found here.

Texas State Legislative Conference
RIMS members from throughout Texas convened in Austin on April 8th to meet with their legislators to express their views on policy issues important to the state. Issues for this year included workers compensation presumptions, ORSA requirements, and captive pooling requirements.

RISK PAC Reception 
On April 27, RISK PAC held its annual fundraising reception at the New Orleans Convention Center. Louisiana Insurance Commissioner, and former NAIC President, Jim Donelon was the keynote speaker to the group.

Alternatives to Traditional Workers Compensation 
The RIMS External Affairs Committee is currently working on a white paper describing varying alternatives to the more traditional state based workers compensation systems. If you are a student and/or Rising Risk Professional member interested in being a contributor to this publication, please contact Nate Bacchus at

2015 RIMS Legislative Summit 
Registration is now open for the 2015 RIMS Legislative Summit taking place June 8-9 in Washington D.C. This year’s event will be held at the Capitol Visitor’s Center directly on Capitol Hill. The draft agenda and registration can be found at the following site. If you have additional questions, please contact Nate Bacchus, RIMS Sr. Government Affairs Manager, at ​

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About RIMS

As the preeminent organization dedicated to educating, engaging and advocating for the global risk community, RIMS, the risk management society™, is a not-for-profit organization representing more than 3,500 corporate, industrial, service, nonprofit, charitable and government entities throughout the world. RIMS has a membership of approximately 10,000 risk practitioners who are located in more than 60 countries. For more information about the Society’s world-leading risk management content, networking, professional development and certification opportunities, visit

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