[Federal Register Volume 65, Number 48 (Friday, March 10, 2000)]
[Notices]
[Pages 13075-13076]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-5899]


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DEPARTMENT OF TRANSPORTATION

Maritime Administration

[Docket No. MARAD-2000-7020]


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) intentions to 
request approval for three years of an existing information collection 
entitled, ``Approval of Underwriters for Marine Hull Insurance.''

DATES: Comments should be submitted on or before May 9, 2000.

FOR FURTHER INFORMATION CONTACT: Otto A. Strassburg, Chief, Division of 
Marine Insurance, Office of Insurance and Shipping Analysis, MAR-570, 
Room 8117, Maritime Administration, 400 Seventh Street, SW, Washington, 
D.C. 20590, telephone number: 202-366-4161. Copies of this collection 
can be obtained from that office.

SUPPLEMENTARY INFORMATION:   
    Title of Collection: ``Approval of Underwriters for Marine Hull 
Insurance''.
    Type of Request: Approval of an existing information collection.
    OMB Control Number: 2133-0517.
    Form Number: None.
    Expiration Date of Approval: Three years from the date of approval.
    Summary of Collection of Information: This collection of 
information involves the 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.
    Annual Responses: 62 responses.
    Annual Burden: 46 hours.
    Comments: Comments should refer to the docket number that appears 
at the top of this document. Written comments may be submitted to the 
Docket Clerk, U.S. DOT Dockets, Room PL-401, 400 Seventh Street, SW, 
Washington, D.C. 20590. Comments may also be submitted by electronic 
means via the Internet at http://dmses.dot.gov/submit. Specifically, 
address 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. All comments received will be available 
for examination at the above address between 10 a.m. and 5 p.m., et. 
Monday through Friday, except Federal Holidays. An electronic version 
of this document is available on the World Wide Web at http://dms.dot.gov.

    By Order of the Maritime Administrator.

    Dated: March 6, 2000.
Joel C. Richard,
Secretary.
[FR Doc. 00-5899 Filed 3-9-00; 8:45 am]
BILLING CODE 4910-81-P