Write Your Own (WYO) Company Participation Criteria; New Applicant

ICR 201110-1660-001

OMB: 1660-0038

Federal Form Document

IC Document Collections
ICR Details
1660-0038 201110-1660-001
Historical Active 200901-1660-006
DHS/FEMA
Write Your Own (WYO) Company Participation Criteria; New Applicant
Extension without change of a currently approved collection   No
Regular
Approved without change 06/06/2012
Retrieve Notice of Action (NOA) 04/27/2012
  Inventory as of this Action Requested Previously Approved
06/30/2015 36 Months From Approved 06/30/2012
5 0 5
35 0 35
27 0 0

New insurance companies that seek to participate in the WYO program, as well as former WYO companies seeking to return, must meet standards for WYO Financial Control Plan (approved under OMB Control# 1660-0020). Private Insurance Companies and/or public entity risk-sharing organizations wishing to enter or reenter the WYO program must demonstrate the ability to meet the financial requirements. The information allows FEMA to determine the applicant's capability of meeting program goals including marketing of flood insurance, training agents and staff in the program rules, and its capabilities for claims handling and disaster response.

US Code: 42 USC 4001 Name of Law: National Flood Insurance Act
  
None

Not associated with rulemaking

  76 FR 69752 11/09/2011
77 FR 3483 01/24/2012
No

1
IC Title Form No. Form Name
Write Your Own (WYO) Company Participation Criteria; New Applicant

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 5 5 0 0 0 0
Annual Time Burden (Hours) 35 35 0 0 0 0
Annual Cost Burden (Dollars) 27 0 0 0 27 0
No
No

$1,204
No
No
No
No
No
Uncollected
Sherina Greene 202 646-4343 [email protected]

  No

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.
04/27/2012


© 2024 OMB.report | Privacy Policy