Surety Companies Acceptable on Federal Bonds-Change in Business Address; American Economy Insurance Company, American States Insurance Company, SAFECO Insurance Company of Illinois, 22451 [2011-9636]

Download as PDF emcdonald on DSK2BSOYB1PROD with NOTICES Federal Register / Vol. 76, No. 77 / Thursday, April 21, 2011 / Notices Paperwork Reduction Act of 1995, the Agencies may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. The Agencies are requesting comment on a continuing information collection. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the Agencies’ functions, including whether the information has practical utility; (b) The accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (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 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. Title of Information Collection: Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2). OMB Control Numbers: OCC: 1557–0242. FRB: 7100–0320. FDIC: 3064–0165. OTS: 1550–0125. Frequency of Response: Eventgenerated. Affected Public: OCC: National banks. Board: State member banks and bank holding companies. FDIC: Insured State nonmember banks and certain subsidiaries of these entities. OTS: Savings associations and certain of their subsidiaries. Abstract: The agencies issued a supervisory guidance document for implementing the supervisory review process (Pillar 2). The guidance was issued on July 31, 2008 (73 FR 44620). Sections 37, 41, 43, and 46 of the guidance impose information collection requirements. Section 37 states that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Section 41 requires banks to maintain thorough documentation of ICAAP. Section 43 specifies that boards of directors must approve the bank’s VerDate Mar<15>2010 16:37 Apr 20, 2011 Jkt 223001 ICAAP, review it on a regular basis, and approve any changes. Boards of directors also are required under section 46 to periodically review the assessment of overall capital adequacy and to analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory or accounting). The agencies’ burden estimates for these information collection requirements are summarized below. Note that the estimated number of respondents listed below include both institutions for which the Basel II riskbased capital requirements are mandatory and institutions that may be considering opting-in to Basel II (despite the lack of any formal commitment by most of these latter institutions). Estimated Burden OCC Number of Respondents: 48. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 6,720 hours. Board Number of Respondents: 18. Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 7,560 hours. FDIC Number of Respondents: 19. Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 7,980 hours. OTS Number of Respondents: 3. Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 1,260 hours. Dated: April 12, 2011. Michele Meyer, Assistant Director, Legislative & Regulatory Activities Division, Office of the Comptroller of the Currency. By order of the Board of Governors of the Federal Reserve System, April 8, 2011. Jennifer J. Johnson, Secretary of the Board. Dated at Washington, DC, the 11th day of April, 2011. By order of the Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. Dated: April 14, 2011. PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 22451 By the Office of Thrift Supervision. Ira Mills, Paperwork Clearance Officer, Office of the Chief Counsel, Office of Thrift Supervision. [FR Doc. 2011–9634 Filed 4–20–11; 8:45 am] BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P; 6720–01–P DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds—Change in Business Address; American Economy Insurance Company, American States Insurance Company, SAFECO Insurance Company of Illinois Financial Management Service, Fiscal Service, Department of the Treasury. ACTION: Notice. AGENCY: This is Supplement No. 8 to the Treasury Department Circular 570, 2010 Revision, published July 1, 2010, at 75 FR 38192. FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874–6850. SUPPLEMENTARY INFORMATION: Notice is hereby given by the Treasury that the above-named companies formally changed their ‘‘Business Address’’ as follows: American Economy Insurance Company (NAIC #19690). Business Address: 350 E. 96th Street, Indianapolis, IN 46240. American States Insurance Company (NAIC #19704). Business Address: 350 E. 96th Street, Indianapolis, IN 46240. SAFECO Insurance Company of Illinois (NAIC #39012). Business Address: 27201 Bella Vista Parkway, Suite 130, Warrenville, IL 60555. Federal bond-approving officers should annotate their reference copies of the Treasury Circular 570 (‘‘Circular’’), 2010 Revision, to reflect these changes. The Circular may be viewed and downloaded through the Internet at http://www.fms.treas.gov/c570. Questions concerning this Notice may be directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety Bond Branch, 3700 East-West Highway, Room 6F01, Hyattsville, MD 20782. SUMMARY: Dated: March 11, 2011. Laura Carrico, Director, Financial Accounting and Services Division. [FR Doc. 2011–9636 Filed 4–20–11; 8:45 am] BILLING CODE 4810–35–M E:\FR\FM\21APN1.SGM 21APN1

Agencies

[Federal Register Volume 76, Number 77 (Thursday, April 21, 2011)]
[Notices]
[Page 22451]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-9636]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Companies Acceptable on Federal Bonds--Change in Business 
Address; American Economy Insurance Company, American States Insurance 
Company, SAFECO Insurance Company of Illinois

AGENCY: Financial Management Service, Fiscal Service, Department of the 
Treasury.

ACTION: Notice.

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SUMMARY: This is Supplement No. 8 to the Treasury Department Circular 
570, 2010 Revision, published July 1, 2010, at 75 FR 38192.

FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874-6850.

SUPPLEMENTARY INFORMATION: Notice is hereby given by the Treasury that 
the above-named companies formally changed their ``Business Address'' 
as follows:
    American Economy Insurance Company (NAIC 19690). Business 
Address: 350 E. 96th Street, Indianapolis, IN 46240.
    American States Insurance Company (NAIC 19704). Business 
Address: 350 E. 96th Street, Indianapolis, IN 46240.
    SAFECO Insurance Company of Illinois (NAIC 39012). 
Business Address: 27201 Bella Vista Parkway, Suite 130, Warrenville, IL 
60555.
    Federal bond-approving officers should annotate their reference 
copies of the Treasury Circular 570 (``Circular''), 2010 Revision, to 
reflect these changes.
    The Circular may be viewed and downloaded through the Internet at 
http://www.fms.treas.gov/c570.
    Questions concerning this Notice may be directed to the U.S. 
Department of the Treasury, Financial Management Service, Financial 
Accounting and Services Division, Surety Bond Branch, 3700 East-West 
Highway, Room 6F01, Hyattsville, MD 20782.

    Dated: March 11, 2011.
Laura Carrico,
Director, Financial Accounting and Services Division.
[FR Doc. 2011-9636 Filed 4-20-11; 8:45 am]
BILLING CODE 4810-35-M