Annual Letters - Certificate of Authority (A) and Admitted Reinsurer (B)

Forms and Documents

Document Name	Status
Form Annual Letter B Annual Letters - Certificate of Authority (A) and Admitted Reinsurer (B) Form and Instruction	Modified
OMB__1530-0014_Supporting_Statement_for_Annual_Letters_(A)(B)_REV.doc Supporting Statement A	2015-03-31

IC Document Collections

IC ID	Document Title	Status
15427	Annual Letters - Certificate of Authority (A) and Admitted Reinsurer (B) Form and Instruction	Modified

ICR Details

OMB Control No: 1530-0014	ICR Reference No: 201503-1530-002
Status: Historical Active	Previous ICR Reference No: 201407-1530-016
Agency/Subagency: TREAS/FISCAL	Agency Tracking No:
Title: Annual Letters - Certificate of Authority (A) and Admitted Reinsurer (B)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/06/2015
	Date Received in OIRA: 03/31/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2018	36 Months From Approved	10/31/2015
Responses	341	0	341
Time Burden (Hours)	6,394	0	13,555
Cost Burden (Dollars)	0	0	0

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Abstract: Annual letters sent to insurance companies providing surety bonds to protect the U.S. or companies providing reinsurance to the U.S. Information needed for renewal of certified companies and their underwriting limitations, and of admitted reinsurers.

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Authorizing Statute(s): US Code: 31 USC 9304-9308 Name of Law: null
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 78572	12/30/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 17152	03/31/2015
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Annual Letters - Certificate of Authority (A) and Admitted Reinsurer (B)	Annual Letter B, Annual Letter A	Annual Letter for Admitted Reinsurers ,   Annual Letter for Executive Officers

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ICR Summary of Burden

	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	341	341	0	0	0	0
Annual Time Burden (Hours)	6,394	13,555	0	0	-7,161	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Adjustments have been made to the time per respondent to remove duplicate burden cleared under a separate OMB number and correct calculation errors. The reduction of 7,161 hours is due to an adjustment in agency estimate. A total of 6,394 burden hours is requested.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/31/2015

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