Veterans' Disability Benefits Commission; Amendment Notice of Meeting (FR Doc. 06-1514 Filed 2-16-06; 8:45 a.m.), 11461 [06-2109]

Download as PDF Federal Register / Vol. 71, No. 44 / Tuesday, March 7, 2006 / Notices sroberts on PROD1PC70 with NOTICES reinsurance programs likewise being structured? Please comment on the availability and affordability at each level. 1.8 In the long-term, what are the key factors that will determine the amount of private-market insurer and reinsurer capacity available for terrorism risk insurance coverage? How will this evolve in the long-term? Please comment on potential entry of new capital into insurance markets. 1.9 To what extent have alternate risk transfer methods (e.g., catastrophe bonds or other capital market instruments) been used for terrorism risk insurance, and what is the potential for the long-term development of these products? 1.10 To what extent have captive insurance companies been used for terrorism risk insurance, and what is the potential for the use of captive insurers to insure against such risk long-term? 1.11 Have state approaches made coverage more or less available and affordable, such as through permitted exclusions and rate regulation? To what extent will the long-term availability and affordability of terrorism risk insurance be influenced by state insurance regulation? Please comment on state approaches to ensure the continued availability and affordability of terrorism risk insurance in the absence of the TRIA Program being inplace (include state approaches after September 11, 2001 and before TRIA became law on November 24, 2002, as well as state approaches in preparation for the expiration of the TRIA Program). 1.12 What are the differences in availability and affordability of terrorism risk insurance between the licensed/admitted market and the nonadmitted/surplus lines market, and, if so, to what degree are those changes attributable to the degree and manner in which each market is regulated? 1.13 What are the differences in availability and affordability of terrorism risk insurance coverage for losses at U.S. locations as compared to such coverage for losses at non-US locations? II. Long-Term Availability and Affordability of Group Life Insurance Coverage 2.1 What impact, if any, does terrorism risk have on the availability and affordability of group life insurance coverage to the policy holder (e.g., employer) and certificate holders (e.g., employees)? How will this evolve in the long-term? 2.2 To what extent is an insurer’s decision to issue group life coverage influenced by aggregation or VerDate Aug<31>2005 16:39 Mar 06, 2006 Jkt 208001 accumulation risk in certain locations? What steps have group life insurance providers taken or do they plan to take to offset any aggregation or accumulation risk? 2.3 Has terrorism risk made group life coverage less affordable to the policy or certificate holder? Have group life insurance rates increased or decreased as compared to rates before and since September 11, 2001? 2.4 Please explain how group life insurance coverage may be bundled with other coverages and benefits provided through an employee-benefits program, and how group life coverage is priced, either separately or collectively, through such programs. Please describe any effects competition has on such pricing. 2.5 Are group life providers voluntarily providing coverage for loss of life arising out of or resulting from acts of terrorism, or is coverage mandated by any state or federal laws? Are group life providers prohibited by law from excluding terrorism risk from group life insurance policies? 2.6 Has terrorism risk affected segments of the group life market differently, such as in the case of small/ medium sized employers, and if so, why? 2.7 In the long-term, what are the key factors that will determine the availability and affordability of terrorism risk insurance coverage for group life insurance? III. Long-Term Availability and Affordability of Insurance Coverage for Chemical, Nuclear, Biological, and Radiological (CNBR) 2 Events Caused by Terrorism 3.1 What is the current availability and affordability of coverage for CNBR events, and for what perils is coverage available, subject to what limits, and under what policy terms and conditions? Is there a difference in the availability and affordability of coverage for CNBR events caused by acts of terrorism? 3.2 What was the general availability of coverage for CNBR events prior to the terrorist attack of September 11, 2001? To what extent, subject to what limits, and for what perils was coverage available? Did it cover acts of terrorism? 3.3 If coverage for CNBR events caused by acts of terrorism is available, please describe generally to what extent (i.e., limits, locations, exclusions, etc.) 2 Though CNBR is commonly used to refer collectively to chemical, nuclear, biological, and radiological losses, comments can be narrow in addressing any of the coverages. If the comment makes such a distinction, please make clear which coverage is being addressed. PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 11461 for what kinds of insurance and from what types of insurers (i.e., large/small, admitted/surplus lines, etc.). How will this evolve in the long-term? 3.4 To what extent is terrorism risk coverage available and affordable for nuclear facilities and for chemical plants, manufacturers, and industrial chemical users? 3.5 To what extent, both prior to and since September 11, 2001, have various states allowed insurers to exclude coverage for CNBR events? Please comment on requirements for workers’ compensation and fire-following coverage. 3.6 It appears that some insurers are unwilling to provide coverage for CNBR events caused by acts of terrorism even with the federal loss sharing provided by the TRIA Program. Why would this be the case given that TRIA limits an insurer’s maximum loss exposure? 3.7 In the long-term, what are the key factors that will determine the availability and affordability of terrorism risk insurance coverage for CNBR events? Dated: February 27, 2006. Emil W. Henry, Jr., Assistant Secretary of the Treasury. [FR Doc. E6–3150 Filed 3–6–06; 8:45 am] BILLING CODE 4811–37–P DEPARTMENT OF VETERANS AFFAIRS Veterans’ Disability Benefits Commission; Amendment Notice of Meeting (FR Doc. 06–1514 Filed 2–16– 06; 8:45 a.m.) The Department of Veterans Affairs (VA) gives notice under Public Law 92– 463 (Federal Advisory Committee Act) that the Veterans’ Disability Benefits Commission meeting scheduled on March 16–17, 2006, at the Holiday Inn National Airport, 2650 Jefferson Davis Highway, Arlington, VA, will begin each day at 8 a.m. instead of 8:30 a.m. to allow more time for Commission discussion. For additional information, please contact Mr. Ray Wilburn, Executive Director, Veterans’ Disability Benefits Commission, 1101 Pennsylvania Avenue, NW., 5th Floor, Washington, DC 20004, or by e-mail at veterans@vets commission.intranets.com. Dated: February 27, 2006. By Direction of the Secretary. E. Philip Riggin, Committee Management Officer. [FR Doc. 06–2109 Filed 3–6–06; 8:45 am] BILLING CODE 8320–01–M E:\FR\FM\07MRN1.SGM 07MRN1

Agencies

[Federal Register Volume 71, Number 44 (Tuesday, March 7, 2006)]
[Notices]
[Page 11461]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-2109]


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DEPARTMENT OF VETERANS AFFAIRS


Veterans' Disability Benefits Commission; Amendment Notice of 
Meeting (FR Doc. 06-1514 Filed 2-16-06; 8:45 a.m.)

    The Department of Veterans Affairs (VA) gives notice under Public 
Law 92-463 (Federal Advisory Committee Act) that the Veterans' 
Disability Benefits Commission meeting scheduled on March 16-17, 2006, 
at the Holiday Inn National Airport, 2650 Jefferson Davis Highway, 
Arlington, VA, will begin each day at 8 a.m. instead of 8:30 a.m. to 
allow more time for Commission discussion.
    For additional information, please contact Mr. Ray Wilburn, 
Executive Director, Veterans' Disability Benefits Commission, 1101 
Pennsylvania Avenue, NW., 5th Floor, Washington, DC 20004, or by e-mail 
at veterans@vetscommission.intranets.com.

    Dated: February 27, 2006.

    By Direction of the Secretary.
E. Philip Riggin,
Committee Management Officer.
[FR Doc. 06-2109 Filed 3-6-06; 8:45 am]
BILLING CODE 8320-01-M
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