and Insurance Management Society, Inc.
Los Angeles Chapter
L.A. RIMS NEWS
The newsletter for
Risk and Insurance Management Professionals
RIMS News November 2003
just around the corner and we have a lot to be thankful for despite the
high cost of insurance and the current economy. We can be thankful for
the nation’s recovery albeit slow to some and not to the liking of all.
Some of us can be thankful that we are seeing a slightly softened property
market, although it may never be as soft as we would like it to be. There
are some that are hopeful, and not necessarily thankful yet, that our new
governor will have a positive effect on workers’ comp reform. Some of us
are thankful we not only have jobs but also have health coverage and are
not on the picket lines. We are all thankful for the roofs over our
heads, health, and families.
season our Chapter wants to provide something to those who have much less
than we do but have more than their fair share of worries…the homeless.
We will be coordinating a canned food drive at our November luncheon
meeting for the L.A. Mission. Please remember all that you are thankful
for but remember those in need. Your participation in our canned food
drive is a gesture our Chapter would be thankful for and, more
importantly, those who will benefit from your donation.
If you would like to
submit articles for the monthly
newsletter, please note that articles must be received by the 15th
of each month. Submit articles to
Risk and Insurance
Los Angeles Chapter
Annual Meeting November 19th
Please note that the Chapter's Annual Meeting
will be held at the November 19th luncheon meeting, at noon, at the New
Otani Hotel. Our speaker's presentation will be held after the
This presentation will
provide you with an overview of security and privacy requirements and how
they affect you. You will be given a better understanding of your
information about employees, customers, website users and others. Risk
management best practices and insurance options will be discussed.
Emily Q. Freeman is a Vice
President-Western Region and Executive Director of Consulting for AIG
eBusiness Risk Solutions. She has been a principal drafter of cyberspace
insurance products and senior consultant for e-business risk management.
She participates as the lead facilitator for risk analysis workshops for
major corporations with infrastructure and commerce applications utilizing
computer networks and the internet.
Thanksgiving Canned Food Drive
Please join with the L.A. Chapter in
donating canned foods to one of the Missions who feed the homeless for
Thanksgiving. Canned food items such as corn, yams, string beans would be
greatly appreciated. Large sizes can be obtained easily from Smart &
Final, Costco and Sam's Club, et al. This is the time of year when it is
important to help others less fortunate than you. Please bring
your canned food items to the Annual Meeting, November 19.
All contributors will be given a raffle ticket as part of our Thanksgiving
Given Food Drive raffle to be held at the Holiday Dinner and installation
gathering at the Jonathan Club, December 10, 2003. The winner of the
raffle will receive a very special gift. Thanks again for supporting the
L.A. Chapter and this worthy cause. See you November 19th!
Toys For Tots Donation
of children in the United States will NOT have a single gift to open this
Holiday Season!! This year RIMS is aiming to change that and make sure EVERY
child has at least one present. The Toys for Tots Program is here to put a BIG
smile on the face of a Needy Child in your community. Please support this cause
by bringing a toy to the November 19, 2003
RIMS luncheon and to the RIMS Holiday Party on December 10, 2003. A representative from Toys for
Tots will be present at the RIMS Holiday Party to collect the toys. We thank
you for supporting this cause.
toy donated you will receive a raffle ticket for a special drawing to be held at
the December 10, 2003, RIMS Holiday Party.
When was the last time you
visited the RIMS website? If you would like to join RIMS, or are looking for a
job, upcoming courses, risk management publications, or a book on Case Studies
in Risk Management, they can all be found on the RIMS website at
Do you want to know what is a
Risk Manager? Click on About RIMS, and then click on What’s a Risk Manager? Lo
and behold, the answer to that persistent question is provided.
Interested in attending the
2004 conference in San Diego? The annual conference details can be found on the
website. Click on Conferences for up to date information.
Need a refresher course before
then? Click on Education and click on Professional Dev Courses. There you will
find the topics being offered as well as the location of the course. Drill
deeper by clicking on the course you are interested in for more details.
Are you interested in
legislation? Would you like to attend “RIMS on the Hill” in 2004? Go to the
website, click on Gov’t Affairs, and then click on RIMS Advocacy where you will
find information about this opportunity to meet with your legislative
Remember the hard copy RIMSCOPE
magazine you would find in your in box? How come you haven’t gotten one
lately? It’s online! Click on Publications and the RIMSCOPE for the latest
Would you like to nominate
someone for Risk Manager of the year? Click on Resources, and then click on
Awards. Not only are the guidelines for this award provided but also for other
awards RIMS offers.
Need an answer to a burning
question? Do you belong to one of RIMS E-Groups? Click on E-Groups. Select
the e-group you are interested in and then click on Info. You’ll be provided
with more info about this e-group and steps you need to take to participate.
Want to check out what is
happening in other Chapters? Click on Chapters, then Chapter Events. (Looks
like there’s a good conference offered by the Bay Area Chapter on November 21st.
Lance Ewing and Steve Wilder are speaking. Check it out.)
Take a few minutes and visit
www.rims.org. You don’t know what you’re missing!
By Ruth Lindstrom Legislation &
UPDATE FROM: CALIFORNIANS FOR CLASS ACTION TORT
Unfortunately, the U.S.
Senate was unable to obtain the 60 votes required to bring the bill to the
Senate floor. “The Class Action Fairness Act of 2003” (S. 1751)—a moderate
solution to the lawsuit abuse that is clogging state courts, hindering product
innovation, denying real benefits to harmed consumers, and leading to judgments
that contradict the laws of other states. A summary of S. 1751 is noted
1751: Real reform that restores fairness and balance to the legal system
state court gridlock, and addresses the unfair practice of “forum shopping” by
moving large class actions, involving litigants from multiple states, to federal
court. Keeps matters of primarily local concern in state courts.
frivolous and duplicate lawsuits by applying consistent national standards (not
the standards of the most “plaintiff friendly” state court) to large,
consumers from unfair settlements (such as those that pay more to people from
certain states, or provide only coupons) through a “Plaintiff’s Bill of Rights.”
Dianne Feinstein showed enormous leadership on the subject of Class Action
Reform by voting in favor of “cloture,” on a “motion to proceed” with
consideration of S.1751, the Class Action Fairness Act. She was one of eight
Democrats who voted with Republicans in favor of cloture.
Despite this turn of
events, Senator Mitch McConnell, the Republican whip, indicated that the bill
would be revisited. In the meantime, it is important to thank Senator Feinstein
for her vote is support of the bill.
Please Write, Call, Fax
and E-mail Senator Feinstein, thanking her for her support of “cloture” on the
motion to proceed with S. 1751.
SENATOR FEINSTEIN’S OFFICE CONTACTS
Guillermo Gonzalez, Deputy State Director
(310) 914-7318 FAX