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RIMS August Government Affairs Updates 2015 8/27/2015

Nathan Bacchus, RIMS Sr. Government Affairs Manager

2016 RIMS Legislative Summit Act - SAVE THE DATE

Mark your calendars for the 2016 RIMS Legislative Summit, which has been scheduled for June 6-7, 2016 in Washington, D.C. Details on location and hotel reservations will be announced shortly. ​​

RIMS Comments on NAIC Cybersecurity Bill of Rights 
On August 6, RIMS submitted its comments to the NAIC regarding its draft Cybersecurity Bill of Rights. The document lays out the general rights that insurance consumers should have as it relates to cybersecurity, and more specifically, data breaches. The NAIC Cybersecurity Task Force will be accepting comments on the draft until August 31. ​

Modernization of International Insurance Regulation  
RIMS, along with several other interested parties, is in the very early stages of studying international insurance regulation with the goal of finding targeted ways to make the current system more efficient and effective for global companies and their risk managers. We are looking for personal stories from risk managers who have direct experiences they would be willing to share that may shed light on some of the current inefficiencies with the current international regulatory structure. Any information relating to your personal name, company, etc. will be kept confidential; however, this will help us build a solid base of knowledge and to find the areas that could be most improved. Please send your stories and/or experiences to

Claims Licensing Advancement for Interstate Matters Act (CLAIM Act)
The Claims Licensing Advancement for Interstate Matters Act (CLAIM Act) has been reintroduced in the U.S. House of Representatives. H.R. 2998, introduced by Representative Stephen Fincher (R-TN), encourages the National Association of Insurance Commissioners (NAIC) to establish uniformity and reciprocity among states that license insurance claims adjusters. In an August 6 press release expressing RIMS support, RIMS President Rick Roberts stated that "allowing claims adjusters to practice across state lines is particularly important when natural disaster or catastrophe strike. Additional adjusters during those chaotic times would allow for more claims to be addressed and settlements to be determined faster." 

Political advocacy is a top priority for RIMS, and we are dedicated to making sure your voice is heard on issues affecting risk management. RISK PAC is a tool that allows our political advocacy to be much more effective; however, it can only succeed with the voluntary support of our members. If you are interested in contributing to the PAC, or in simply learning more, please visit the RISK PAC website here.

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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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