Terrorism Risk Insurance Program; Recordkeeping Requirements for Insurers Compensated Under the Program, 30106-30107 [2010-12839]

Download as PDF 30106 Federal Register / Vol. 75, No. 103 / Friday, May 28, 2010 / Notices agencies that use and train qualified officers and employees in coordination with State motor vehicle safety agencies. Post-secondary institutions of higher education are also eligible to receive funding. Funds are allocated in accordance with the provisions of 49 CFR 350.313 and 49 CFR 350.319. Applicants are encouraged to submit performance-based proposals that represent innovative strategies to support, enrich, or evaluate CMV safety programs. Priority for selection will be given to proposals with potential for nation-wide implementation, such as programs that support: • The DOT’s continuing effort to combat distracted driving by CMV drivers; • Outreach that promotes safe driving practices by teen drivers around CMVs; and • The development of a proof of concept, validating the Ticketing Aggressive Cars and Trucks (TACT) evaluation component’s contribution to reducing CMV crash and fatality rates. All applicants must submit an electronic application package through grants.gov. To apply using the grants.gov process, the applicant must be registered with grants.gov. To register, go to https://www.grants.gov/ applicants/get_registered.jsp. The applicant must download the grant application package, complete the grant application package, and submit the completed grant application package. This can be done on the Internet at https://www.grants.gov/applicants/ apply_for_grants.jsp. The Catalogue of Federal Domestic Assistance number for MCSAP is 20.218. Issued on: May 20, 2010. William A. Quade, Associate Administrator for Enforcement and Program Delivery. [FR Doc. 2010–12831 Filed 5–27–10; 8:45 am] BILLING CODE 4910–EX–P DEPARTMENT OF THE TREASURY Terrorism Risk Insurance Program; Litigation Management Submissions Departmental Offices. Notice and request for comments. AGENCY: ACTION: The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, jlentini on DSKJ8SOYB1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 17:43 May 27, 2010 Jkt 220001 Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Terrorism Risk Insurance Program Office is seeking comments regarding Litigation Management Submissions. DATES: Written comments should be received on or before July 27, 2010 to be assured of consideration. ADDRESSES: Submit comments by e-mail to triacomments@do.treas.gov or by mail (if hard copy, preferably an original and two copies) to: Terrorism Risk Insurance Program, Public Comment Record, Suite 2100, Department of the Treasury, 1425 New York Ave., NW., Washington, DC 20220. Because paper mail in the Washington DC area may be subject to delay, it is recommended that comments be submitted electronically. All comments should be captioned with ‘‘PRA Comments—Litigation Management Submissions’’. Please include your name, affiliation, address, email address and telephone number in your comment. Comments will be available for public inspection by appointment only at the Reading Room of the Treasury Library. To make appointments, call (202) 622–0990 (not a toll-free number). FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to: Terrorism Risk Insurance Program Office at (202) 622– 6770 (not a toll-free number). SUPPLEMENTARY INFORMATION: OMB Number: 1505–0196. Title: Terrorism Risk Insurance Program—Litigation Management Submissions. Form: Treasury TRIP–03. Abstract: Section 103(a) and 104 of the Terrorism Risk Insurance Act of 2002 (Pub. L. 107–297) authorize the Department of the Treasury to administer and implement the temporary Terrorism Risk Insurance Program established by the Act. Section 107 contains specific provisions designed to manage litigation arising out of or resulting from a certified act of terrorism. The Terrorism Risk Insurance Extension Act of 2005, (Pub. L. 109– 144), added section 107(a)(6) to TRIA, which provides that procedures and requirements established by the Secretary under 31 CFR 50.82, as in effect on the date of issuance of that section in final form [July 28, 2004], shall apply to any Federal cause of action described in section 107(a)(1). Section 50.82 of the regulations requires insurers to submit to Treasury for advance approval certain proposed settlements involving an insured loss, any part of the payment of which the insurer intends to submit as part of its claim for Federal payment under the PO 00000 Frm 00140 Fmt 4703 Sfmt 4703 Program. The collection of information in the notice of proposed settlement in Section 50.83 that insurers must submit to implement the settlement approval process prescribed by Section 50.82. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit, Federal Government. Estimated Number of Respondents: 100. Estimated Annual Time Per Respondent: 12.86 hours. Estimated Total Annual Burden Hours: 1,286 hours. Requests for Comments: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information collections; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: May 18, 2010. Jeffrey S. Bragg, Director, Terrorism Risk Insurance Program. [FR Doc. 2010–12836 Filed 5–27–10; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Terrorism Risk Insurance Program; Recordkeeping Requirements for Insurers Compensated Under the Program Departmental Offices. Notice and request for comments. AGENCY: ACTION: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on a currently approved information collection that is E:\FR\FM\28MYN1.SGM 28MYN1 jlentini on DSKJ8SOYB1PROD with NOTICES Federal Register / Vol. 75, No. 103 / Friday, May 28, 2010 / Notices due for extension approval by the Office of Management and Budget. The Terrorism Risk Insurance Program Office within the Department of the Treasury is soliciting comments concerning the Recordkeeping Requirements set forth in 31 CFR part 50, subpart (Sec. 50.50–50.55) DATES: Written comments should be received on or before July 27, 2010 to be assured of consideration. ADDRESSES: Submit comments by e-mail to triacomments@do.treas.gov or by mail (if hard copy, preferably an original and two copies) to: Terrorism Risk Insurance Program, Public Comment Record, Suite 2100, Department of the Treasury, 1425 New York Ave., NW., Washington, DC 20220. Because paper mail in the Washington DC area may be subject to delay, it is recommended that comments be submitted electronically. All comments should be captioned with ‘‘PRA Comments—Recordkeeping Requirements for Insurers Compensated Under the Program’’. Please include your name, affiliation, address, e-mail address and telephone number in your comment. Comments will be available for public inspection by appointment only at the Reading Room of the Treasury Library. To makes appointments, call (202) 622–0990 (not a toll-free number). FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to: Terrorism Risk Insurance Program Office at (202) 622– 6770 (not a toll-free number). SUPPLEMENTARY INFORMATION: OMB Number: 1505–0197. Title: Terrorism Risk Insurance Program—Recordkeeping Requirements for Insurers Compensated Under the Program. Abstract: Sections 103(a) and 104 of the Terrorism Risk Insurance Act of 2002 (Pub. L. 107–297) (as extended by the Terrorism Risk Insurance Extension Act of 2005 (Pub.L. 109–144) and the Terrorism Risk Insurance Program Reauthorization Act of 2007 (Pub.L. 110–160) authorize the Department of the Treasury to administer and implement the Terrorism Risk Insurance Program established by the Act. In 31 CFR part 50, subpart F (Sec. 50.50– 50.55) Treasury established requirements and procedures for insurers that file claims for payment of the Federal share of compensation for insured losses resulting from a certified act of Terrorism under the Act. Section 50.60 allows Treasury access to records of an insurer pertinent to the amounts paid as the Federal share of compensation for insured losses in order to conduct investigations, VerDate Mar<15>2010 17:43 May 27, 2010 Jkt 220001 confirmations and audits. Section 50.61 requires insurers to retain all records as are necessary to fully disclose all material matters pertaining to insured losses. This collection of information is the record keeping requirement in Sec. 50.61. Type of Review: Extension of a currently approved data collection Affected Public: Business or other forprofit, Federal Government. Estimated Number of Respondents: 100 Estimated Average Time per Respondent: 8.3 hours. Estimated Total Annual Burden Hours: 833 hours. Request for Comments.: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information collections; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: May 18, 2010. Jeffrey S. Bragg, Director, Terrorism Risk Insurance Program. [FR Doc. 2010–12839 Filed 5–27–10; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Office of Thrift Supervision Community Reinvestment Act Sunshine AGENCY: Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on PO 00000 Frm 00141 Fmt 4703 Sfmt 4703 30107 proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection. DATES: Submit written comments on or before July 27, 2010. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet Site at https://www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW., Washington, DC 20552 by appointment. To make an appointment, call (202) 906–5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906–7755. FOR FURTHER INFORMATION CONTACT: You can request additional information about this proposed information collection from April Breslaw (202) 906–6989, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS; b. The accuracy of OTS’s estimate of the burden of the proposed information collection; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology. SUPPLEMENTARY INFORMATION: E:\FR\FM\28MYN1.SGM 28MYN1

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[Federal Register Volume 75, Number 103 (Friday, May 28, 2010)]
[Notices]
[Pages 30106-30107]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-12839]


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DEPARTMENT OF THE TREASURY


Terrorism Risk Insurance Program; Recordkeeping Requirements for 
Insurers Compensated Under the Program

AGENCY:  Departmental Offices.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork burdens, invites the general public and 
other Federal agencies to comment on a currently approved information 
collection that is

[[Page 30107]]

due for extension approval by the Office of Management and Budget. The 
Terrorism Risk Insurance Program Office within the Department of the 
Treasury is soliciting comments concerning the Recordkeeping 
Requirements set forth in 31 CFR part 50, subpart (Sec. 50.50-50.55)

DATES: Written comments should be received on or before July 27, 2010 
to be assured of consideration.

ADDRESSES: Submit comments by e-mail to triacomments@do.treas.gov or by 
mail (if hard copy, preferably an original and two copies) to: 
Terrorism Risk Insurance Program, Public Comment Record, Suite 2100, 
Department of the Treasury, 1425 New York Ave., NW., Washington, DC 
20220. Because paper mail in the Washington DC area may be subject to 
delay, it is recommended that comments be submitted electronically. All 
comments should be captioned with ``PRA Comments--Recordkeeping 
Requirements for Insurers Compensated Under the Program''. Please 
include your name, affiliation, address, e-mail address and telephone 
number in your comment. Comments will be available for public 
inspection by appointment only at the Reading Room of the Treasury 
Library. To makes appointments, call (202) 622-0990 (not a toll-free 
number).

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to: Terrorism Risk Insurance Program Office at (202) 
622-6770 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 
    OMB Number: 1505-0197.
    Title: Terrorism Risk Insurance Program--Recordkeeping Requirements 
for Insurers Compensated Under the Program.
    Abstract: Sections 103(a) and 104 of the Terrorism Risk Insurance 
Act of 2002 (Pub. L. 107-297) (as extended by the Terrorism Risk 
Insurance Extension Act of 2005 (Pub.L. 109-144) and the Terrorism Risk 
Insurance Program Reauthorization Act of 2007 (Pub.L. 110-160) 
authorize the Department of the Treasury to administer and implement 
the Terrorism Risk Insurance Program established by the Act. In 31 CFR 
part 50, subpart F (Sec. 50.50-50.55) Treasury established requirements 
and procedures for insurers that file claims for payment of the Federal 
share of compensation for insured losses resulting from a certified act 
of Terrorism under the Act. Section 50.60 allows Treasury access to 
records of an insurer pertinent to the amounts paid as the Federal 
share of compensation for insured losses in order to conduct 
investigations, confirmations and audits. Section 50.61 requires 
insurers to retain all records as are necessary to fully disclose all 
material matters pertaining to insured losses. This collection of 
information is the record keeping requirement in Sec. 50.61.
    Type of Review: Extension of a currently approved data collection
    Affected Public: Business or other for-profit, Federal Government.
    Estimated Number of Respondents: 100
    Estimated Average Time per Respondent: 8.3 hours.
    Estimated Total Annual Burden Hours: 833 hours.
     Request for Comments.: An agency may not conduct or sponsor, and a 
person is not required to respond to, a collection of information 
unless the collection of information displays a valid OMB control 
number. Comments submitted in response to this notice will be 
summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information 
collections; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: May 18, 2010.
Jeffrey S. Bragg,
Director, Terrorism Risk Insurance Program.
[FR Doc. 2010-12839 Filed 5-27-10; 8:45 am]
BILLING CODE P
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