Annual Financial Statements of Surety Companies - Schedule F

ICR 202309-1530-001

OMB: 1530-0008

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2023-09-20
IC Document Collections
ICR Details
1530-0008 202309-1530-001
Received in OIRA 202005-1530-002
TREAS/FISCAL
Annual Financial Statements of Surety Companies - Schedule F
Extension without change of a currently approved collection   No
Regular 09/29/2023
  Requested Previously Approved
36 Months From Approved 09/30/2023
317 337
6,499 6,909
0 0

The Schedule F provides a listing of Treasury authorized and unauthorized reinsurers for purposes of determining an amount of unauthorized ceded reinsurance that may be offset against a company's net worth in determining the company's treasury underwriting limitations. The collection is to assure that a currently certified company is solvent and able to carry out its contracts.

US Code: 31 USC Sections 9304 - 9308
  
None

Not associated with rulemaking

  88 FR 41717 06/27/2023
88 FR 67448 09/29/2023
No

1
IC Title Form No. Form Name
Annual Financial Statements of Surety Companies - Schedule F FS Form 6314 Annual Financial Statement of Surety Companies - Schedule F

  Total Request 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 317 337 0 0 -20 0
Annual Time Burden (Hours) 6,499 6,909 0 0 -410 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease from 6,909 hours to 6,499 burden hours is attributed to an adjustment based on a decrease in the number of respondents since the prior submission.

$1,460
No
    Yes
    Yes
No
No
No
No
Bruce Sharp 304 480-8112 [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.
09/29/2023


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