Under the Write Your Own (WYO)
Program, private sector insurance companies may offer flood
insurance to eligible property owners. The Federal Government is
guarantor of flood insurance coverage for WYO companies, issued
under the WYO arrangement. In order to maintain adequate financial
control over Federal funds, the NEIP requires that WYO companies
submit a monthly financial report. The NFIP examines the data to
ensure that policyholder funds are accounted for and appropriately
expended.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.