Approval of Underwriters for
Marine Hull Insurance
Extension without change of a currently approved collection
No
Regular
10/29/2024
Requested
Previously Approved
36 Months From Approved
10/31/2024
66
66
49
49
0
0
This collection of information
concerns the approval of marine hull underwriters to insure MARAD
program vessels. Applicants are required to submit financial data
to MARAD's Office of Marine Insurance. The data that is obtained
from foreign underwriters would be used by MARAD as the basis for
approval or rejection of an application by that foreign underwriter
to participate in writing hull insurance on MARAD program vessels.
Reports from brokers in some cases would ensure that American
underwriters are being given an opportunity to compete for the
business.
US Code:
46
USC 537 Name of Law: Loans and Guarantees
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.