Notice2024-24974

Request for Comments on the Renewal of a Previously Approved Collection: Approval of Underwriters for Marine Hull Insurance

Primary source

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Published
October 28, 2024

Issuing agencies

Transportation DepartmentMaritime Administration

Abstract

The Maritime Administration (MARAD) invites public comments on our intention to request the Office of Management and Budget (OMB) approval to renew an information collection in accordance with the Paperwork Reduction Act of 1995. The proposed collection OMB 2133-0517 (Approval of Underwriters for Marine Hull Insurance) is used to provide approval of foreign underwriters on the basis of an assessment of their financial condition, the regulatory regime under which they operate, and a statement attesting to a lack of discrimination in their country against U.S. hull insurers. The regulations also require that American underwriters be given an opportunity to compete for every placement, thereby necessitating in some cases certification that such opportunity was offered. We are required to publish this notice in the Federal Register to obtain comments from the public and affected agencies.

Full Text

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<title>Federal Register, Volume 89 Issue 208 (Monday, October 28, 2024)</title>
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[Federal Register Volume 89, Number 208 (Monday, October 28, 2024)]
[Notices]
[Page 85585]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24974]


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DEPARTMENT OF TRANSPORTATION

Maritime Administration

[Docket No. MARAD-2024-0141]


Request for Comments on the Renewal of a Previously Approved 
Collection: Approval of Underwriters for Marine Hull Insurance

AGENCY: Maritime Administration, DOT.

ACTION: Notice.

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SUMMARY: The Maritime Administration (MARAD) invites public comments on 
our intention to request the Office of Management and Budget (OMB) 
approval to renew an information collection in accordance with the 
Paperwork Reduction Act of 1995. The proposed collection OMB 2133-0517 
(Approval of Underwriters for Marine Hull Insurance) is used to provide 
approval of foreign underwriters on the basis of an assessment of their 
financial condition, the regulatory regime under which they operate, 
and a statement attesting to a lack of discrimination in their country 
against U.S. hull insurers. The regulations also require that American 
underwriters be given an opportunity to compete for every placement, 
thereby necessitating in some cases certification that such opportunity 
was offered. We are required to publish this notice in the Federal 
Register to obtain comments from the public and affected agencies.

ADDRESSES: Written comments and recommendations for the proposed 
information collections should be sent within 30 days of publication of 
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Cameryn Miller, (202) 366-0907, Office 
of Marine Insurance, Maritime Administration, U.S. Department of 
Transportation, 1200 New Jersey Ave SE, Washington, DC 20590, Email: 
<a href="/cdn-cgi/l/email-protection#4e2d2f232b3c372060232722222b3c0e2a213a60292138"><span class="__cf_email__" data-cfemail="a2c1c3cfc7d0dbcc8ccfcbcecec7d0e2c6cdd68cc5cdd4">[email&#160;protected]</span></a>.

SUPPLEMENTARY INFORMATION: 
    Title: Approval of Underwriters for Marine Hull Insurance.
    OMB Control Number: 2133-0517.
    Type of Request: Extension without change of a currently approved 
information collection.
    Abstract: This collection of information involves the approval of 
marine hull underwriters to insure MARAD program vessels. Applicants 
will be required to submit financial data upon which MARAD approval 
would be based. This information is needed in order that MARAD 
officials can evaluate the underwriters and determine their suitability 
for providing marine hull insurance on MARAD vessels.
    Respondents: Marine Insurance Underwriters and Brokers.
    Affected Public: Businesses or other for profit.
    Estimated Number of Respondents: 66.
    Estimated Number of Responses: 66.
    Estimated Hours per Response: .5-1 hour.
    Annual Estimated Total Annual Burden Hours: 49.
    Frequency of Response: Once Annually.
    A 60-day Federal Register Notice soliciting comments on this 
information collection was published on August 8, 2024 (89 FR 65011).

(Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 
35, as amended; and 49 CFR 1.49.)

    By Order of the Maritime Administrator.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2024-24974 Filed 10-25-24; 8:45 am]
BILLING CODE 4910-81-P


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Indexed from Federal Register on October 28, 2024.

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