National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of FY 2013 Arrangement, 36566 [2012-14831]

Download as PDF 36566 Federal Register / Vol. 77, No. 118 / Tuesday, June 19, 2012 / Notices problems with the conference call or webcast, please email IACCTechSupport@acclaroresearch.com or call the IACC Technical Support Help Line at 443–680–0098. To access the webcast live on the Internet the following computer capabilities are required: (A) Internet Explorer 5.0 or later, Netscape Navigator 6.0 or later or Mozilla Firefox 1.0 or later; (B) Windows® 2000, XP Home, XP Pro, 2003 Server or Vista; (C) Stable 56k, cable modem, ISDN, DSL or better Internet connection; (D) Minimum of Pentium 400 with 256 MB of RAM (Recommended); (E) Java Virtual Machine enabled (Recommended). Individuals who participate in person or by using these electronic services and who need special assistance, such as captioning of the conference call or other reasonable accommodations, should submit a request to the Contact Person listed on this notice at least 7 days prior to the meeting. As a part of security procedures, attendees should be prepared to present a photo ID at the meeting registration desk during the check-in process. Pre-registration is recommended. Seating will be limited to the room capacity and seats will be on a first come, first served basis, with expedited check-in for those who are pre-registered. Schedule is subject to change. Information about the IACC is available on the Web site: https://www.iacc.hhs.gov. Dated: June 12, 2012. Jennifer S. Spaeth, Director, Office of Federal Advisory Committee Policy. [FR Doc. 2012–14934 Filed 6–18–12; 8:45 am] BILLING CODE 4140–01–P DEPARTMENT OF HOMELAND SECURITY Federal Emergency Management Agency [Docket ID FEMA–2012–0018] National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of FY 2013 Arrangement Federal Emergency Management Agency, DHS. ACTION: Notice. AGENCY: Each year, the Federal Emergency Management Agency (FEMA) is required by the Write-YourOwn (WYO) Program Financial Assistance/Subsidy Arrangement (Arrangement) to notify private insurance companies (Companies) and to make available to the Companies the terms for subscription or re-subscription to the Arrangement. In keeping with that requirement, this notice provides the terms to the Companies to subscribe or re-subscribe to the Arrangement. srobinson on DSK4SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:39 Jun 18, 2012 Jkt 226001 FOR FURTHER INFORMATION CONTACT: Edward L. Connor, Deputy Associate Administrator for Federal Insurance, Federal Insurance and Mitigation Administration, DHS/FEMA, 1800 South Bell Street, Room 720, Arlington, VA 20598–3020, 202–646–3429 (phone), 202–646–3445 (facsimile), or Edward.Connor@fema.dhs.gov (email). SUPPLEMENTARY INFORMATION: Under the Write-Your-Own (WYO) Program Financial Assistance/Subsidy Arrangement (Arrangement), 82 (as of April, 2012) private sector property insurers sell flood insurance policies and adjust flood insurance claims under their own names based on an Arrangement with the Federal Insurance and Mitigation Administration (FIMA) published at 44 CFR part 62, Appendix A. The WYO insurers retain an expense allowance and remit the remaining premium to the Federal Government. The Federal Government pays flood losses and pays loss adjustment expenses based on a fee schedule. In addition, under certain circumstances reimbursement for litigation costs, including court costs, attorney fees, judgments, and settlements, are paid by FEMA based on documentation submitted by the WYO insurers. The complete Arrangement is published in 44 CFR part 62, Appendix A. Each year, FEMA is required to publish in the Federal Register and make available to the Companies the terms for subscription or re-subscription to the Arrangement. Signatory Companies should remain aware that all requirements of the Arrangement, including, but not limited to, financial accounting in issues involving all transactions, must be met. As set forth in Article II.A.1. of Appendix A to Part 62—Federal Emergency Management Agency, Federal Insurance Administration, Financial Assistance/Subsidy Arrangement, the Company is responsible for meeting all fiduciary responsibilities for control and disbursement of funds in connection with policy administration. This includes ensuring that all accounting for policy administration is correct. If errors are made in policy administration, the Company shall be responsible for reimbursing any incorrect allocations, assessment or other moneys compensated to that company by the Federal Government. The Company is responsible for ensuring that all activities meet the requirements of this Arrangement and of the NFIP Financial Control Plan, 44 CFR part 62, Appendix B. The NFIP WYO PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 Standards Committee may take remedial action in the event any such conduct is not corrected. FEMA will send a copy of the offer for the FY 2013 Arrangement, together with related materials and submission instructions, to all private insurance companies participating under the current FY 2012 Arrangement. Any private insurance company not currently participating in the WYO Program but wishing to consider FEMA’s offer for FY 2013 may request a copy by writing: DHS/FEMA, Federal Insurance and Mitigation Administration, Attn: Edward L. Connor, Deputy Associate Administrator for Federal Insurance, Federal Insurance and Mitigation Administration, DHS/FEMA, 1800 South Bell Street, Room 720, Arlington, VA 20598–3020, or contact Edward Connor at 202–646–3445 (facsimile), or Edward.Connor@fema.dhs.gov (email). Dated: May 4, 2012. David L. Miller, Associate Administrator, Federal Insurance and Mitigation Administration, Federal Emergency Management Agency, Department of Homeland Security. [FR Doc. 2012–14831 Filed 6–18–12; 8:45 am] BILLING CODE 9110–11–P DEPARTMENT OF HOMELAND SECURITY U.S. Customs and Border Protection Agency Information Collection Activities: Voluntary Customer Survey U.S. Customs and Border Protection (CBP), Department of Homeland Security. ACTION: 60-Day notice and request for comments; Extension of an existing collection of information. AGENCY: As part of its continuing effort to reduce paperwork and respondent burden, CBP invites the general public and other Federal agencies to comment on a proposed information collection requirement concerning a Voluntary Customer Survey. This request for comment is being made pursuant to the Paperwork Reduction Act of 1995 (Pub. L. 104–13). DATES: Written comments should be received on or before August 20, 2012, to be assured of consideration. ADDRESSES: Direct all written comments to U.S. Customs and Border Protection, Attn: Tracey Denning, Office of Regulations and Rulings, 799 9th Street NW., 5th Floor, Washington, DC 20229– 1177. SUMMARY: E:\FR\FM\19JNN1.SGM 19JNN1

Agencies

[Federal Register Volume 77, Number 118 (Tuesday, June 19, 2012)]
[Notices]
[Page 36566]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-14831]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2012-0018]


National Flood Insurance Program (NFIP); Assistance to Private 
Sector Property Insurers, Availability of FY 2013 Arrangement

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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

SUMMARY: Each year, the Federal Emergency Management Agency (FEMA) is 
required by the Write-Your-Own (WYO) Program Financial Assistance/
Subsidy Arrangement (Arrangement) to notify private insurance companies 
(Companies) and to make available to the Companies the terms for 
subscription or re-subscription to the Arrangement. In keeping with 
that requirement, this notice provides the terms to the Companies to 
subscribe or re-subscribe to the Arrangement.

FOR FURTHER INFORMATION CONTACT: Edward L. Connor, Deputy Associate 
Administrator for Federal Insurance, Federal Insurance and Mitigation 
Administration, DHS/FEMA, 1800 South Bell Street, Room 720, Arlington, 
VA 20598-3020, 202-646-3429 (phone), 202-646-3445 (facsimile), or 
Edward.Connor@fema.dhs.gov (email).

SUPPLEMENTARY INFORMATION: Under the Write-Your-Own (WYO) Program 
Financial Assistance/Subsidy Arrangement (Arrangement), 82 (as of 
April, 2012) private sector property insurers sell flood insurance 
policies and adjust flood insurance claims under their own names based 
on an Arrangement with the Federal Insurance and Mitigation 
Administration (FIMA) published at 44 CFR part 62, Appendix A.
    The WYO insurers retain an expense allowance and remit the 
remaining premium to the Federal Government. The Federal Government 
pays flood losses and pays loss adjustment expenses based on a fee 
schedule. In addition, under certain circumstances reimbursement for 
litigation costs, including court costs, attorney fees, judgments, and 
settlements, are paid by FEMA based on documentation submitted by the 
WYO insurers.
    The complete Arrangement is published in 44 CFR part 62, Appendix 
A. Each year, FEMA is required to publish in the Federal Register and 
make available to the Companies the terms for subscription or re-
subscription to the Arrangement.
    Signatory Companies should remain aware that all requirements of 
the Arrangement, including, but not limited to, financial accounting in 
issues involving all transactions, must be met. As set forth in Article 
II.A.1. of Appendix A to Part 62--Federal Emergency Management Agency, 
Federal Insurance Administration, Financial Assistance/Subsidy 
Arrangement, the Company is responsible for meeting all fiduciary 
responsibilities for control and disbursement of funds in connection 
with policy administration. This includes ensuring that all accounting 
for policy administration is correct. If errors are made in policy 
administration, the Company shall be responsible for reimbursing any 
incorrect allocations, assessment or other moneys compensated to that 
company by the Federal Government.
    The Company is responsible for ensuring that all activities meet 
the requirements of this Arrangement and of the NFIP Financial Control 
Plan, 44 CFR part 62, Appendix B. The NFIP WYO Standards Committee may 
take remedial action in the event any such conduct is not corrected.
    FEMA will send a copy of the offer for the FY 2013 Arrangement, 
together with related materials and submission instructions, to all 
private insurance companies participating under the current FY 2012 
Arrangement.
    Any private insurance company not currently participating in the 
WYO Program but wishing to consider FEMA's offer for FY 2013 may 
request a copy by writing: DHS/FEMA, Federal Insurance and Mitigation 
Administration, Attn: Edward L. Connor, Deputy Associate Administrator 
for Federal Insurance, Federal Insurance and Mitigation Administration, 
DHS/FEMA, 1800 South Bell Street, Room 720, Arlington, VA 20598-3020, 
or contact Edward Connor at 202-646-3445 (facsimile), or 
Edward.Connor@fema.dhs.gov (email).

    Dated: May 4, 2012.
David L. Miller,
Associate Administrator, Federal Insurance and Mitigation 
Administration, Federal Emergency Management Agency, Department of 
Homeland Security.
[FR Doc. 2012-14831 Filed 6-18-12; 8:45 am]
BILLING CODE 9110-11-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.