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

Forms and Documents

Document Name	Status
Supporting Statement for OMB Collection 1660-0038, rev (final).docx Supporting Statement A	2015-08-04
NFIRA of 1994.pdf Supplementary Document	2015-04-22
NFIA (1968) and FDPA (1973).pdf Supplementary Document	2015-04-22
44 CFR Part 62.pdf Supplementary Document	2015-04-22
Published 30 Day FRN for OMB Collection 1660-0038, 4-21-2015.pdf Supplementary Document	2015-04-30
privacy_PIA_fema_nfipits_10122012.pdf Supplementary Document	2015-04-22
FEMA PTA Write Your Own (WYO) Company Participation Criteria, 20150501, DRAFT FINAL .docx Supplementary Document	2015-05-01
FEMA NoC Document Narrative of Changes from Last Submission, OMB Collection 1660-0038.docx Supplementary Document	2015-04-16
Published 60 Day FRN for OMB Collection 1660-0038, 2-2-2015.pdf Supplementary Document	2015-04-16
44 CFR 62.24.pdf Supplementary Document	2015-04-22

IC Document Collections

IC ID	Document Title	Status
21105	Write Your Own (WYO) Company Participation Criteria; New Applicant	Modified

ICR Details

OMB Control No: 1660-0038	ICR Reference No: 201504-1660-002
Status: Historical Active	Previous ICR Reference No: 201110-1660-001
Agency/Subagency: DHS/FEMA	Agency Tracking No:
Title: Write Your Own (WYO) Company Participation Criteria; New Applicant
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 08/21/2015
	Date Received in OIRA: 06/10/2015
Terms of Clearance: FEMA/NFIP will update OIRA by March 2018 regarding the agency's explorations of ways for this collection to better comply with the GPEA. The Department updated its Annual Cost Burden to the public in the Supporting Statement to reflect changes in shipping rates with the USPS.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2018	36 Months From Approved	08/31/2015
Responses	5	0	5
Time Burden (Hours)	45	0	35
Cost Burden (Dollars)	28	0	27

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Abstract: 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.

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Authorizing Statute(s): US Code: 42 USC 4001 Name of Law: National Flood Insurance Act
  

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:
	80 FR 5568	02/02/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 22216	04/21/2015
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
Write Your Own (WYO) Company Participation Criteria; New Applicant

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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	5	5	0	0	0	0
Annual Time Burden (Hours)	45	35	0	0	10	0
Annual Cost Burden (Dollars)	28	27	0	0	1	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: The annual burden hours has increased to account for the time respondents spend on the one time test of the insurance company's ability to successfully use the financial reporting system. This time was not accounted for in the 60-day Federal Register Notice. Two hours were added to the Avg. Burden per Response which resulted in an adjusted Total Annual Burden (45 hours).

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Annual Cost to Federal Government: $5,409

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: 06/10/2015

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