,,iii #aac? ,,congress #b;d ,session ,s4 ,,res4 #efa ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #ah1 #bjad ,mr4 ,hell] 7= himself & ,mr4 ,te/]7 submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,,resolution ,express+ ! s5se ( ! ,s5ate t rec5tly propos$ measures t w r$uce transp>5cy & public p>ticipation at ! ,int]national ,association ( ,insurance ,sup]visors 7,,iais7 %\ld be disapprov$ by ,unit$ ,/ates repres5tatives to ! ,,iais4 ,:]eas ! ,int]national ,association ( ,insurance ,sup]visors 7,,iais7 e/abli%es global insurance /&>ds t ! ,unit$ ,/ates & o!r c\ntries are expect$ to implem5t & are grad$ on _! compliance )2 ,:]eas h]et(ore1 ! proc$ures ( ! ,,iais 7 relatively transp>5t = obs]v]s2 ,:]eas1 on ,augu/ #d1 #bjad1 ! ,,iais propos$ elim9at+ public obs]v]s f its meet+s />t+ on ,janu>y #a1 #bjae1 significantly r$uc+ ! transp>5cy ( its activities & only all[+ c]ta9 p>ties to att5d2 ,:]eas repres5tatives ( ,unit$ ,/ates consum] advocacy organizations h j rec5tly be5 admitt$ z obs]v]s2 ,:]eas ! ,,iais propos$ proc$ures w\ld provide f> less transp>5cy & p>ticipation ?an ! proc$ure af=d$ to int]e/$ /akehold]s 9 ! ,unit$ ,/ates by ! ,national ,association ( ,insurance ,commission]s 7,,naic72 ,:]eas maximum transp>5cy produces ! be/ regulation & ! propos$ proc$ures w r$uce transp>5cy2 & ,:]eas ,unit$ ,/ates ,/ate insurance regulators :o curr5tly provide ! l>ge/ portion ( fund+ to ! ,,iais h already publically express$ opposition to ! propos$ r$uction 9 ,,iais transp>5cy3 ,n[1 !re=e1 be x ,t x is ! s5se ( ! ,s5ate t-- 7#a7 ! ,int]national ,association ( ,insurance ,sup]visors' 7,,iais7 propos$ proc$ures w r$uce transp>5cy & access to ,,iais sup]visory /&>d developm5t by ,unit$ ,/ates /akehold]s includ+ ^? repres5t+ consum]s2 7#b7 ! propos$ proc$ures specifically au?orize ! unfair & unequal treatm5t ( int]e/$ p>ties by all[+ ! ,,iais to selectively admit c]ta9 p>ties & exclude o!rs at key meet+s2 7#c7 all repres5tatives ( ! ,unit$ ,/ates at ! ,int]national ,association ( ,insurance ,sup]visors %\ld oppose ^! new proc$ures & in/ead advocate m transp>5cy & public inclusion by ! ,,iais2 7#d7 %\ld ! ,,iais adopt ! propos$ proc$ures or any simil> r$uctions 9 transp>5cy1 ,unit$ ,/ates repres5tatives to ! ,,iais %\ld make all appropriate ef=ts to ensure t prop] transp>5cy is re/or$2 & 7#e7 all ,unit$ ,/ates repres5tatives to ! ,,iais %\ld "w to ensure t _! activities are transp>5t to ,congress & ,unit$ ,/ates /akehold]s1 & t ,unit$ ,/ates repres5tatives to ! ,,iais %\ld regul>ly communicate ) ,unit$ ,/ates /akehold]s ?r\gh timely compreh5sive report+ & 9-p]son discussions4