[Federal Register Volume 80, Number 21 (Monday, February 2, 2015)]
[Notices]
[Pages 5568-5569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-01933]
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DEPARTMENT OF HOMELAND SECURITY
Federal Emergency Management Agency
[Docket ID: [FEMA-2015-0005; OMB No. 1660-0038]
Agency Information Collection Activities: Proposed Collection;
Comment Request; Write Your Own (WYO) Company Participation Criteria;
New Applicant
AGENCY: Federal Emergency Management Agency, DHS.
ACTION: Notice.
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SUMMARY: The Federal Emergency Management Agency, as part of its
continuing effort to reduce paperwork and respondent burden, invites
the
[[Page 5569]]
general public and other Federal agencies to take this opportunity to
comment on an extension, without change, of a currently approved
information collection. In accordance with the Paperwork Reduction Act
of 1995, this notice seeks comments concerning information collected
from new applicants to the National Flood Insurance Program (NFIP),
Write-Your-Own (WYO) Program.
DATES: Comments must be submitted on or before April 3, 2015.
ADDRESSES: To avoid duplicate submissions to the docket, please use
only one of the following means to submit comments:
(1) Online. Submit comments at www.regulations.gov under Docket ID
FEMA-2015-0005. Follow the instructions for submitting comments.
(2) Mail. Submit written comments to Docket Manager, Office of
Chief Counsel, DHS/FEMA, 500 C Street SW., Room 8NE, Washington, DC
20472-3100.
(3) Facsimile. Submit comments to (703) 483-2999.
All submissions received must include the agency name and Docket
ID. Regardless of the method used for submitting comments or material,
all submissions will be posted, without change, to the Federal
eRulemaking Portal at http://www.regulations.gov, and will include any
personal information you provide. Therefore, submitting this
information makes it public. You may wish to read the Privacy Act
notice that is available via the link in the footer of
www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: Susan Bernstein, Program Specialist,
FEMA, Federal Insurance and Mitigation Administration (FIMA), 202-212-
2113 for additional information. You may contact the Records Management
Division for copies of the proposed collection of information at
facsimile number (202) 212-4701 or email address: [email protected].
SUPPLEMENTARY INFORMATION: Under the National Flood Insurance Program's
(NFIP) Write Your Own (WYO) Program, the Federal Emergency Management
Agency may enter into arrangements authorized by the National Flood
Insurance Act of 1968, as amended (the Act) with individual private
sector insurance companies that are licensed to engage in the business
of property insurance. These companies may offer flood insurance
coverage to eligible property owners utilizing their customary business
practices. To facilitate the marketing of flood insurance, the Federal
Government will be a guarantor of flood insurance coverage for WYO
companies policies issued under the WYO arrangement. To ensure that a
company seeking to return or participate in the WYO program is
qualified, FEMA is requiring a one-time submission of information to
determine the company's qualifications, as set forth in 44 CFR 62.24.
Collection of Information
Title: Write Your Own (WYO) Company Participation Criteria; New
Applicant.
Type of Information Collection: Extension, without change, of a
currently approved information collection.
OMB Number: 1660-0038.
FEMA Forms: None.
Abstract: New insurance companies that seek to participate in the
WYO program, as well as former WYO companies seeking to return, must
meet standards for WYO Financial Control Plan (approved under OMB
Control# 1660-0020). Private Insurance Companies and/or public entity
risk-sharing organizations wishing to enter or reenter the WYO program
must demonstrate the ability to meet the financial requirements. The
information allows FEMA to determine the applicant's capability of
meeting program goals including marketing of flood insurance, training
agents and staff in the program rules, and its capabilities for claims
handling and disaster response.
Affected Public: Business of other for-profit.
Number of Respondents: 5.
Number of Responses: 5.
Estimated Total Annual Burden Hours: 35.
Estimated Annualized Burden Hours and Costs
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Number of Average Total Total
Number of responses Total burden per annual Average annual
Type of respondent Form name/form No. respondents per number of response burden (in hourly wage respondent
respondent responses (in hours) hours) rate cost
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Business or Other for-profit Application Process/No 5 1 5 7 hours 35 $64.28 $2,249.80
(Insurance Industry). Form.
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Total........................... ....................... 5 ........... 5 ........... 35 ........... 2,249.80
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Note: The ``Avg. Hourly Wage Rate'' for each respondent includes a 1.4 multiplier to reflect a fully-loaded wage rate.
Estimated Cost: The estimated annual cost to respondents for the
hour burden is $2,249.80. There are no annual costs to respondents'
operations and maintenance costs for technical services. There are no
annual start-up or capital costs. The cost to the Federal Government is
$5,409.18.
Comments
Comments may be submitted as indicated in the ADDRESSES caption
above. Comments are solicited to (a) evaluate whether the proposed data
collection is necessary for the proper performance of the agency,
including whether the information shall have practical utility; (b)
evaluate the accuracy of the agency's estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (c) enhance the quality, utility, and
clarity of the information to be collected; and (d) minimize the burden
of the collection of information on those who are to respond, including
through the use of appropriate automated, electronic, mechanical, or
other technological collection techniques or other forms of information
technology, e.g., permitting electronic submission of responses.
Dated: January 22, 2015
Charlene D. Myrthil,
Director, Records Management Division, Mission Support, Federal
Emergency Management Agency, Department of Homeland Security
[FR Doc. 2015-01933 Filed 1-30-15; 8:45 am]
BILLING CODE 9110-11-P