OCRIMS News ...
PRESIDENT’S MESSAGE BY DIANA RICH
RIMS is 75 years young! Founded in 1950, the society has grown to encompass risk and insurance professionals throughout the world. I have been a longstanding member of RIMS and have seen the organization evolve and grow over time.
Read the rest of Diana’s message
RIMS ON THE MALL – RECAP
April 8th and 9th marked the California Legislative Delegation’s 17th Annual RIMS on the Mall event in Sacramento, and all who attended benefitted greatly from the experience. Check out the attached PDF file for full details and also click this link.
RIMS LEGISLATIVE SUMMIT 2025
The RIMS Legislative Summit 2025 was held March 19th and 20th in Washington, DC. RIMS members met with the US Chamber of Commerce on the 19th and kicked off with a Chapter Leaders Meeting which allowed for cross collaboration and sharing of best practices.
Get full details of the RIMS Legislative Summit 2025
RECORD-BREAKING 244 STUDENTS
FROM 61 UNIVERSITIES COMPETE
IN THE SPENCER‑RIMS RISK MANAGEMENT CHALLENGE
The Spencer-RIMS Student Risk Management Challenge judging committee, including Cynthia Garcia from our Chapter, has selected eight university teams to advance to the next stage and compete for the top honor at RISKWORLD in Chicago. The annual global competition challenges university teams to develop and present risk management strategies for a real-world business case study.
Get full details on the Risk Management Challenge
TWO USC STUDENTS AMONG 20 EXCEPTIONAL
RISK MANAGEMENT STUDENTS INVITED TO RISKWORLD
RIMS has presented 20 students, including two from USC, with a 2025 Anita Benedetti Student Involvement Program grant (ABSIP). The program, sponsored by The Spencer Educational Foundation, recognizes the achievements of outstanding undergraduate and graduate risk management students, providing them with funds for travel expenses, complimentary hotel accommodations and registration to RISKWORLD in Chicago.
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RISKWORLD 2025
RISKWORLD 2025 is only a couple of weeks away! The activities and festivities continue to take shape as the event draws near. Featured speakers include none other than Martha Stewart, as well as Rachel DeAlto, Ryan Harris, and Holly Ransom.
RISKWORLD
SPENCER EVENTS AT RISKWORLD
Registration is Open for Spencer Events at RISKWORLD:
Spencer-CNA Pickleball Social
Spencer-Gallagher Golf Tournament
Spencer Soirée
Spencer-Sedgwick 5K Fun Run
RIMS AND THE IIA AIM TO BROADEN
AND ACCELERATE COMPETENCIES
As expectations rise for both risk management professionals and internal auditors, RIMS and The Institute for Internal Auditors (The IIA) have entered into an agreement to provide both professional communities with greater access to career-building and program-advancing learning experiences. RIMS and The IIA will offer their respective memberships a selection of the other association’s virtual, on-demand webinars and workshops.
Read the full write-up
AS CYBERATTACKS RISE, REPUTATION IMPACTS
DRAW INCREASING CONCERN
Of 2,150 cybersecurity professionals surveyed by Hiscox, over 67% said their organization experienced an increase in cyberattacks in the past year.
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COMPANIES RETHINKING DEI PROGRAMS
IN THE NEW POLITICAL CLIMATE
According to a Resume.org survey of organizations that had a DEI program in 2024, one in eight companies are eliminating or reducing their DEI programs in 2025.
Get the full details
RIMS REPORT - THE PRE-MORTEM METHOD:
LEARNING FROM FAILURE WITHOUT ACTUALLY FAILING
Unlike post-mortem analysis, a pre-mortem risk assessment attempts to learn from failure before a project even begins, according to RIMS new Executive Report titled, “The Pre-Mortem Method: Learning From Failure Without Actually Failing.”
Learn more and download the report
THE DEFINITIVE GUIDE TO GRC
Learn more about the principles of GRC, the benefits of an effective GRC program, and how technology can make it easier in this must-have guide.
Guide to GRC
LOS ANGELES DELIVERY COMPANY OWNERS
TO REPAY MORE THAN $2 MILLION AFTER WORKERS’ COMP
SCHEME LEFT EMPLOYEES UNPROTECTED
A Los Angeles couple were sentenced after a California Department of Insurance investigation found they underreported more than $21 million in employee payroll for their delivery companies. The pair were sentenced to 10 years of felony probation and also ordered to pay $2,254,748 in restitution for unpaid workers’ compensation insurance premiums.
Learn more
APPOINTMENT OF MELISSA FLORES, CHSWC EXECUTIVE OFFICER
Melissa Flores has been appointed as the Executive Officer for the Commission on Health and Safety and Workers’ Compensation (CHSWC) effective March 11th. Flores previously spent 21 years at the California Housing Finance Agency (CalHFA) where she held various managerial roles, most recently Assistant Director of Board Relations and External Communications.
Read more about the appointment
CALIFORNIA ANNOUNCES $25 MILLION INVESTMENT
TO ENSURE WORKER SAFETY
The Department of Industrial Relations has announced $25 million in funding for the California Workplace Outreach Project to support 89 community-based organizations across the state. This initiative educates workers about their rights and promotes workplace safety.
Get more details
MITCH STEIGER REAPPOINTED TO THE CALIF. COMMISSION
ON HEALTH & SAFETY & WORKERS' COMPENSATION
AND RE-ELECTED AS 2025 CHAIR
The California Commission on Health and Safety and Workers’ Compensation (CHSWC) has announced the reappointment of Commissioner Mitch Steiger. Commissioner Steiger was reappointed by the Senate Rules Committee on March 12th, and his term runs through December 2028. Steiger will continue serving as a labor representative. Commissioner Steiger was also unanimously reelected to serve as the Chair of the Commission for 2025. The election was held at the February 28th public CHSWC meeting.
Get more details
DWC ISSUES NOTICE OF SECOND 15-DAY
PUBLIC COMMENT PERIOD FOR UTILIZATION REVIEW
AND RELATED REGULATIONS
The Division of Workers’ Compensation has issued a second notice of public comment period beginning on April 17th for modifying the text of proposed amendments to the Utilization Review and Related Regulations. The affected regulations are Title 8, California Code of Regulations, sections 9767.6, 9781, 9785, 9785.6, 9786, 9792.6.1, 9792.7, 9792.9.1, 9792.9.2, 9792.9.3, 9792.9.5, 9792.9.8, 9792.9.10.5, 9792.10.8, and 9792.11.
Get full details and instructions for commenting
DWC POSTS REMINDER FOR THE RETURN-TO-WORK
SUPPLEMENT PROGRAM APPLICATION REQUIREMENTS
The Division of Workers’ Compensation has provided a reminder of application requirements for the Return-to-Work Supplement Program (RTWSP).
Get the full details
BETTER TOGETHER: THE MARRIAGE OF INSURABLE RISK
AND BUSINESS CONTINUITY
April 24 11:00 am–12:00 pm PDT
RIMS Member FREE | Nonmember $50
Traditional silos between insurable risk and business continuity are no longer sustainable in today’s evolving risk landscape. Risk managers must mitigate financial exposures and ensure operational resilience in the face of disruptions. Join industry experts as they discuss the evolving role of risk managers, key data-sharing opportunities, and the essential metrics that bridge the gap between insurance and business continuity for a more resilient organization.
Lean more and register
RIMS WESTERN REGIONAL CONFERENCE
The RIMS Western Regional Conference is scheduled for Oct. 1-3 in the Bay Area. Planning is currently underway and speakers and sponsors are being sought.
Get full details on the event
BRING RIMS TRAINING TO YOUR ORGANIZATION
Looking to advance your team with specialized risk management training? RIMS is offering training resources that will bring unmatched expertise tailored to your needs and geared towards your schedule. To learn more, send an email to PD@RIMS.org
RIMS ONLINE APPAREL STORE
RIMS is thrilled to announce the launch of the RIMS Online Apparel Store as part of the celebration honoring RIMS’ 75th Anniversary! This initiative provides a great opportunity to showcase your pride and represent our organization at events and meetings. The store is open now through Dec.31st.
Access the store: https://rims.buyproforma.com/#/