Notice2024-24547
Proposed Collection of Information: Annual Letters-Certificates of Authority (A) and Admitted Reinsurer (B)
Primary source
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Published
October 23, 2024
Issuing agencies
Treasury DepartmentBureau of the Fiscal Service
Abstract
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning Annual Letters--Certificates of Authority (A) and Admitted Reinsurer (B).
Full Text
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<title>Federal Register, Volume 89 Issue 205 (Wednesday, October 23, 2024)</title>
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[Federal Register Volume 89, Number 205 (Wednesday, October 23, 2024)]
[Notices]
[Page 84672]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24547]
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DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information: Annual Letters--Certificates
of Authority (A) and Admitted Reinsurer (B)
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal
Service within the Department of the Treasury is soliciting comments
concerning Annual Letters--Certificates of Authority (A) and Admitted
Reinsurer (B).
DATES: Written comments should be received on or before December 23,
2024 to be assured of consideration.
ADDRESSES: Direct all written comments and requests for additional
information to Bureau of the Fiscal Service, Bruce A. Sharp, Room
#4006-A, P.O. Box 1328, Parkersburg, WV 26106-1328, or
<a href="/cdn-cgi/l/email-protection#5f3d2d2a3c3a712c373e2d2f1f39362c3c3e33712b2d3a3e2c2a2d2671383029"><span class="__cf_email__" data-cfemail="5032222533357e23383122201036392333313c7e24223531232522297e373f26">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Annual Letters--Certificates of Authority (A) and Admitted
Reinsurer (B).
OMB Number: 1530-0014.
Abstract: The information is collected so that Treasury can make
the appropriate determinations as to the renewal of the Certificates of
Authority of currently certified companies and the renewal of companies
currently recognized by Treasury as Admitted Reinsurers. Included in
the package is the Annual Letter to Executive Officers of Surety
Companies Reporting to the Treasury (A) and the Annual Letter to
Executive Officers of Companies Recognized by the Treasury as Admitted
Reinsurers of Surety Companies Doing Business with the United States
Government (B). The Secretary of the Treasury has been given authority
pursuant to 31 U.S.C. 9304-9308 to certify insurance companies wishing
to write or reinsure federal surety bonds. The authority has been
further codified at 31 CFR part 223.9 which specifies guidelines
applicable to companies seeking certification while part 223.12
specifies requirements applicable to companies seeking recognition as
an Admitted Reinsurer.
Current Actions: Extension of a currently approved collection.
Type of Review: Regular.
Affected Public: Business or other for-profit.
Estimated Number of Respondents: 341.
Estimated Time per Respondent: 18.75 hours.
Estimated Total Annual Burden Hours: 6,394.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: 1. Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; 2. the accuracy of the
agency's estimate of the burden of the collection of information; 3.
ways to enhance the quality, utility, and clarity of the information to
be collected; 4. ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and 5.
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: October 18, 2024.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2024-24547 Filed 10-22-24; 8:45 am]
BILLING CODE 4810-AS-P
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</html>Indexed from Federal Register on October 23, 2024.
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