Richard C. Hsia is elected to the Federation's Board of Directors.

The Federation is pleased to announce that its Board elected Richard C. Hsia as a director at its September 2008 meeting.

Mr. Hsia is Executive Vice President & General Counsel of Wright Risk Management Company, Inc., which specializes in risk financing, risk management and risk solutions for clients in the public, private and nonprofit sectors. Recognized as a leading expert in risk financing, insurance and insurance regulation, Mr. Hsia has written and spoken on a wide range of topics, addressing many different audiences, including legislative and regulatory bodies, throughout the United States and abroad.

Among his civic and community activities, Mr. Hsia is Chairman of the Board and President of the Future Leadership Foundation, Inc., whose mission is to help young people overcome health and education obstacles. He also serves on the Board of Directors of the Chinese American Insurance Association and of the National Conference for Community and Justice of Greater New York.

Mr. Hsia received his bachelor and law degrees from Columbia University.