Agency Information Collection Activities; Submission for OMB Review; Comment Request; Collection of Data From Property and Casualty Insurers for Reports Concerning the Terrorism Risk Insurance Program, 13547 [2017-04820]

Download as PDF Federal Register / Vol. 82, No. 47 / Monday, March 13, 2017 / Notices Dated: March 7, 2017. Brian J. Peretti, Director, Critical Infrastructure Protection and Compliance Policy. [FR Doc. 2017–04819 Filed 3–10–17; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Collection of Data From Property and Casualty Insurers for Reports Concerning the Terrorism Risk Insurance Program Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on the collection listed below. DATES: Comments should be received on or before April 12, 2017 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@ OMB.EOP.gov and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained by emailing PRA@treasury.gov, calling (202) 622–0489, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: mstockstill on DSK3G9T082PROD with NOTICES SUMMARY: Departmental Offices (DO) Title: Collection of Data from Property and Casualty Insurers for Reports Concerning the Terrorism Risk Insurance Program. OMB Control Number: 1505–XXXX. Type of Review: New Collection Request. Abstract: The Terrorism Risk Insurance Act of 2002 (TRIA) created the Terrorism Risk Insurance Program (Program) to address disruptions in the market for terrorism risk insurance, to VerDate Sep<11>2014 17:49 Mar 10, 2017 Jkt 241001 help ensure the continued availability and affordability of commercial property and casualty insurance for terrorism risk, and to allow for the private markets to stabilize and build insurance capacity to absorb any future losses for terrorism events. The Program has been reauthorized on a number of occasions, most recently in the Terrorism Risk Insurance Program Reauthorization Act of 2015. TRIA requires the Secretary of the Treasury (Secretary) to perform periodic analyses of certain matters concerning the Program. In order to assist the Secretary with this process, TRIA requires insurers to submit on an annual basis certain insurance data and information regarding participation in the Program. Treasury requests stakeholder feedback on the data collection forms proposed for use in the 2017 data collection process, pursuant to 31 CFR 50.51(c). Copies of these forms and associated explanatory materials are available for electronic review at https:// www.treasury.gov/resource-center/finmkts/Pages/program.aspx. Treasury also seeks comments from interested parties on issues that Treasury will be analyzing in connection with its next report concerning the Program, which will address the participation of small insurers in the Program, including any competitive challenges such insurers face in the terrorism risk insurance marketplace. Form: Insurer (Non-Small) Groups or Companies (Form No. TBD), Small Insurers Insurer Group Affiliations (Form No. TBD), Alien Surplus Lines Exposure Bases by Jurisdiction (Form No. TBD), Captive Insurers Reinsurance (Nationwide) (Form No. TBD). Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 38,750. Authority: 44 U.S.C. 3501 et seq. Dated: March 7, 2017. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2017–04820 Filed 3–10–17; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; Post-Contract Award Information Departmental Offices, U.S. Department of the Treasury. ACTION: Notice and request for comments. AGENCY: PO 00000 Frm 00120 Fmt 4703 Sfmt 4703 13547 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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The Department of the Treasury, Office of the Procurement Executive, is soliciting comments concerning on OMB Control Number 1505–0080, Post-Contract Award Information. DATES: Written comments must be received on or before May 12, 2017. ADDRESSES: You may submit comments by mail to: Thomas O’Linn, Office of the Procurement Executive, Department of the Treasury, 1500 Pennsylvania Ave. NW., Washington DC 20220. All responses to this notice will be included in the request for OMB’s approval. All comments will also become a matter of public record. FOR FURTHER INFORMATION CONTACT: Requests for additional information or request a copy of the information collection should be directed to Thomas O’Linn at (202) 622–2092. SUPPLEMENTARY INFORMATION: Title: Post-Contract Award Information. OMB Number: 1505–0080. Type of Review: Reinstatement with change of a previously approved collection. Abstract: The information requested is specific to each contract, and is required for Treasury to evaluate properly the progress made and/or management controls used by contractors providing supplies or services to the Government and to determine contractors’ compliance with the contracts, in order to protect the Government’s interest. Affected Public: Private Sector: Businesses or other for-profits. Estimated Number of Respondents: 9,875. Estimated Number of Responses per Respondent: 1. Estimated Hours per Response: 24. Estimated Total Annual Burden Hours: 237,000. Request for Comments: 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 has practical utility; (b) the accuracy of the agency’s estimate of the SUMMARY: E:\FR\FM\13MRN1.SGM 13MRN1

Agencies

[Federal Register Volume 82, Number 47 (Monday, March 13, 2017)]
[Notices]
[Page 13547]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-04820]


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

DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Collection of Data From Property and Casualty 
Insurers for Reports Concerning the Terrorism Risk Insurance Program

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection request to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on the collection 
listed below.

DATES: Comments should be received on or before April 12, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, 
DC 20220, or email at PRA@treasury.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing PRA@treasury.gov, calling (202) 622-0489, or 
viewing the entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Departmental Offices (DO)

    Title: Collection of Data from Property and Casualty Insurers for 
Reports Concerning the Terrorism Risk Insurance Program.
    OMB Control Number: 1505-XXXX.
    Type of Review: New Collection Request.
    Abstract: The Terrorism Risk Insurance Act of 2002 (TRIA) created 
the Terrorism Risk Insurance Program (Program) to address disruptions 
in the market for terrorism risk insurance, to help ensure the 
continued availability and affordability of commercial property and 
casualty insurance for terrorism risk, and to allow for the private 
markets to stabilize and build insurance capacity to absorb any future 
losses for terrorism events. The Program has been reauthorized on a 
number of occasions, most recently in the Terrorism Risk Insurance 
Program Reauthorization Act of 2015. TRIA requires the Secretary of the 
Treasury (Secretary) to perform periodic analyses of certain matters 
concerning the Program. In order to assist the Secretary with this 
process, TRIA requires insurers to submit on an annual basis certain 
insurance data and information regarding participation in the Program. 
Treasury requests stakeholder feedback on the data collection forms 
proposed for use in the 2017 data collection process, pursuant to 31 
CFR 50.51(c). Copies of these forms and associated explanatory 
materials are available for electronic review at https://www.treasury.gov/resource-center/fin-mkts/Pages/program.aspx. Treasury 
also seeks comments from interested parties on issues that Treasury 
will be analyzing in connection with its next report concerning the 
Program, which will address the participation of small insurers in the 
Program, including any competitive challenges such insurers face in the 
terrorism risk insurance marketplace.
    Form: Insurer (Non-Small) Groups or Companies (Form No. TBD), Small 
Insurers Insurer Group Affiliations (Form No. TBD), Alien Surplus Lines 
Exposure Bases by Jurisdiction (Form No. TBD), Captive Insurers 
Reinsurance (Nationwide) (Form No. TBD).
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 38,750.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: March 7, 2017.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2017-04820 Filed 3-10-17; 8:45 am]
BILLING CODE 4810-25-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.