Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed; Correction
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Abstract
The Department of the Treasury, Bureau of the Fiscal Service, published a document in the Federal Register of December 2, 2024, adding renewal fees for Complementary and Alien Reinsurers as well as Admitted Reinsurer--Reinsurance Market companies and increasing the existing fees it imposes on and collects from surety companies and reinsuring companies, effective January 1, 2025. The document contained typographical errors effecting the dollar values.
Full Text
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<title>Federal Register, Volume 89 Issue 236 (Monday, December 9, 2024)</title>
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[Federal Register Volume 89, Number 236 (Monday, December 9, 2024)]
[Notices]
[Page 97706]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28806]
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DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Application and Renewal Fees Imposed on Surety Companies and
Reinsuring Companies; Increase in Fees Imposed; Correction
AGENCY: Bureau of the Fiscal Service, Treasury.
ACTION: Notice of fees imposed on surety companies and reinsuring
companies; Correction.
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SUMMARY: The Department of the Treasury, Bureau of the Fiscal Service,
published a document in the Federal Register of December 2, 2024,
adding renewal fees for Complementary and Alien Reinsurers as well as
Admitted Reinsurer--Reinsurance Market companies and increasing the
existing fees it imposes on and collects from surety companies and
reinsuring companies, effective January 1, 2025. The document contained
typographical errors effecting the dollar values.
FOR FURTHER INFORMATION CONTACT: Melvin Saunders, at (304) 480-5108 or
<a href="/cdn-cgi/l/email-protection#214c444d57484f0f5240544f454453526147485242404d0f55534440525453580f464e57"><span class="__cf_email__" data-cfemail="94f9f1f8e2fdfabae7f5e1faf0f1e6e7d4f2fde7f7f5f8bae0e6f1f5e7e1e6edbaf3fbe2">[email protected]</span></a>; or Bobbi McDonald, at (304) 480-
7098 or <a href="/cdn-cgi/l/email-protection#bad8d5d8d8d394d7d9ded5d4dbd6defadcd3c9d9dbd694cec8dfdbc9cfc8c394ddd5cc"><span class="__cf_email__" data-cfemail="c6a4a9a4a4afe8aba5a2a9a8a7aaa286a0afb5a5a7aae8b2b4a3a7b5b3b4bfe8a1a9b0">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: In the Federal Register of December 2, 2024,
in FR Doc. 2024-28231, on page 95911, in ``The new fee rate schedule''
section should read as follows:
(1) Examination of a company's application for a Certificate of
Authority as an acceptable surety or as an acceptable reinsuring
company on Federal bonds: $13,600.
* * * * *
(3) Examination of a company's application for recognition as an
Admitted Reinsurer: $5,000.
* * * * *
(6) Examination of a company's application for recognition as an
Alien Reinsurer: $5,000.
* * * * *
(8) Examination of a company's application for recognition as a
Complementary Reinsurer: $5,000.
* * * * *
Dated: December 4, 2024.
Lela Anderson,
Attorney-Advisor.
[FR Doc. 2024-28806 Filed 12-6-24; 8:45 am]
BILLING CODE 4810-AS-P
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