[Federal Register Volume 62, Number 92 (Tuesday, May 13, 1997)]
[Notices]
[Page 26348]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12431]


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DEPARTMENT OF TRANSPORTATION

Maritime Administration
[Docket No. M-034]


Information Collection Available for Public Comments and 
Recommendations

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Maritime Administration's (MARAD's) intentions to 
request extension of approval for three years of a currently approved 
information collection.

DATES: Comments should be submitted on or before July 14, 1997.

FOR FURTHER INFORMATION CONTACT: Edmond J. Fitzgerald, Director, Office 
of Subsidy and Insurance, MAR-570, Room 8117, 400 Seventh Street, S.W., 
Washington, DC 20590. Telephone 202-366-2400 or fax 202-366-7901. 
Copies of this collection can also be obtained from that office.

SUPPLEMENTARY INFORMATION:

    Title of Collection: Approval of Underwriters for Marine Hull 
Insurance.
    Type of Request: Extension of currently approved information 
collection.
    OMB Control Number: 2133-0517.
    Form Number: None.
    Expiration Date of Approval: June 30, 1997.
    Summary of Collection of Information: Concerns approval of marine 
hull underwriters to insure MARAD program vessels. Foreign applicants 
will be required to submit financial data upon which MARAD approval 
would be based. In certain cases, brokers would be required to certify 
that American underwriters were offered opportunity to compete for the 
business.
    Need and Use of the Information: 46 CFR Part 249, published as a 
final rule on June 20, 1988, prescribes regulations for approval of 
underwriters for marine hull insurance on vessels built or operated 
with subsidy or covered by vessel obligation guarantees issued pursuant 
to Title XI of the Merchant Marine Act, 1936, as amended. The 
regulations provide for approval of foreign underwriters on the basis 
of an assessment of their financial condition, the regulatory regime 
under which they operate, and a statement attesting to a lack of 
discrimination in their country against U.S. hull insurers. The 
regulations also require that American underwriters be given an 
opportunity to compete for every placement, thereby necessitating in 
some cases certification that such opportunity was offered.
    Description of Respondents: Foreign underwriters of marine 
insurance and insurance brokers placing marine hull insurance if less 
than 50 percent of the placement is made in the American market.
    Annual Responses: 82.
    Annual Burden: 66 hours.
    Comments: Send all comments regarding this information collection 
to Joel C. Richard, Department of Transportation, Maritime 
Administration, MAR-120, Room 7210, 400 Seventh Street, S.W., 
Washington, DC 20590. Send comments regarding whether this information 
collection is necessary for proper performance of the function of the 
agency and will have practical utility, accuracy of the burden 
estimates, ways to minimize this burden, and ways to enhance quality, 
utility, and clarity of the information to be collected.

    By Order of the Maritime Administrator.

    Dated: May 7, 1997.
Joel C. Richard,
Secretary.
[FR Doc. 97-12431 Filed 5-12-97; 8:45 am]
BILLING CODE 4910-81-P