Subgroup to Study Advisory Committee Procedures and Protocols - (EX) - NAIC

  • Subgroup to Study Advisory Committee Procedures and Protocols - (EX) - NAIC  ---  [BonkNote - Subgroup]
  • 1993-1, NAIC Proceedings
    • EXECUTIVE (EX) COMMITTEE
    • March 7, 1993, Minutes
      • Advisory Committee Procedures and Protocols Proposal From NAIC Subgroup (Attachment One) ........ 7
      • Advisory Committee Procedures and Protocols Proposal From Consumers Union (Attachment Two) ....... 9
  • 1993-1, NAIC Proceedings - Subgroup to Study Advisory Committee Procedures and Protocols - (EX) - NAIC  ---  [BonkNote - Subgroup]
  • 1993 0307 - Minutes (EX)
    • Advisory Committee Procedures and Protocols Proposal From NAIC Subgroup (Attachment One) ........ 7
    • p7 - 6. Report of the Subgroup to Study Advisory Committee Procedures and Protocols Commissioner Robert R. Googins !Conn.I told the committee that he, Board Chairman Claire Korioth (Texas) and Commissioner Tim Ryles (Ga) l had been charged to study the existing protocol applicable to advisory committees to determine whether they should be changed and, if so, in what way. Concerns expressed were that advisory committee members appeared to dominate meetings by sitting at meeting tables with regulators and that the committees were unlimited in size.
    • Commissioner Googins made suggestions for changes to address certain concerns on the assumption that advisory committees served a valuable purpose at the NAIC. However, the other two members of the group recommended abolishing advisory committees entirely.
    • Commissioner Ryles said the main concern was the appearance that advisory committees were too heavily involved in the structure of the NAIC. He said he personally believed that advisory committees should be eliminated but said the matter required further study. Board Chairman Korioth said that the positions of the NAIC members needed to be reconciled.
    • Commissioner Tom Gallagher (Fla) made a motion that in lieu of appointing any advisory committees that each NAIC committee subcommittee task force and working group be authorized to use necessary expertise and that public hearings be mandated for other input into decisions on model laws or regulations. The motion was seconded and it was noted that this action would eliminate the oflicial capacity of advisory committees and mandate public exposure.
    • ^^ A roll call vote was taken, and the motion failed on a tie vote of 8 "yes" and 8 "no" votes.
  •  
  • 1993-1, NAIC Proceedings - 
  • 1993 0302 - Letter - Consumers Union to NAIC Subgroup to Study Advisory Committee Procedures and Protocols - (EX) - NAIC  ---  [BonkNote - Subgroup] - Attachment 2 - 
    • Mary Griffin, Consumers Union, Insurance Counsel, Washington Office
    • On behalf of the consumer representatives.
    • NAIC could assist consumer groups with technical assistance on selected issues, e.g the concept of consumer actuary.