[Federal Register Volume 67, Number 40 (Thursday, February 28, 2002)]
[Notices]
[Pages 9358-9359]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-4694]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Companies acceptable on Federal Bonds: Liquidation--
Acceleration National Insurance Company

AGENCY: Financial Management Service, Fiscal Service, Department of the 
Treasury.

ACTION: Notice.

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SUMMARY: Liquidation of an insurance company formerly certified by this 
Department as an acceptable surety/reinsurer on Federal bonds.

FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874-6850.

SUPPLEMENTARY INFORMATION: ACCELERATION NATIONAL INSURANCE COMPANY, an 
Ohio company, formerly held a Certificate of Authority as an acceptable 
surety on Federal bonds and was last listed as such at 57 FR 29357, 
July 1, 1992. The Company's authority was terminated by the Department 
of the Treasury effective June 4, 1993. Notice of the termination was 
published in the Federal Register of June 15, 1993, on page 33141.
    On February 28, 2001, upon a petition by the Superintendent of 
Insurance for the State of Ohio, the court of Common Pleas, Franklin 
County, Ohio, issued an Order of Liquidation with respect to 
ACCELERATION NATIONAL INSURANCE COMPANY. J. Lee Covington II, 
Superintendent of Insurance for the Ohio Department of Insurance, and 
his successors in office were appointed as the Liquidator. All persons 
having claims against ACCELERATION NATIONAL INSURANCE COMPANY must file 
their claims by February 28, 2002, or be barred from sharing in the 
distribution of assets.

[[Page 9359]]

    All claims must be filed in writing and shall set forth the amount 
of the claim, the facts upon which the claim is based, any priorities 
asserted, and any other pertinent facts to substantiate the claim. 
Federal Agencies should assert claim priority status under 31 USC 3713, 
and send a copy of their claim, in writing, to: Department of Justice, 
Civil Division, Commercial Litigation Branch, P.O. Box 875, Ben 
Franklin Station, Washington, DC 20044-0875. Attn: Ms. Sandra P. 
Spooner, Deputy Director.
    The above office will consolidate and file any and all claims 
against ACCELERATION NATIONAL INSURANCE COMPANY, on behalf of the 
United States Government. Any questions concerning filing of claims may 
be directed to Ms. Spooner at (202) 514-7194.
    The Circular may be viewed and downloaded through the Internet
(http://www.fms.treas.gov/c570/index.html). A hard copy may be 
purchased from the Government Printing Office (GPO), Subscription 
Service, Washington, DC, (202) 512-1800. When ordering the Circular 
from GPO, use the following stock number 769-004-04067-1.
    Questions concerning this notice may be directed to the U.S. 
Department of the Treasury, Financial Management Service, Financial 
Accounting and Services Division, Surety Bond Branch, 3700 East-West 
Highway, Room 6F07, Hyattsville, MD 20782.

    Dated: February 21, 2002.
Wanda Rogers,
Director, Financial Accounting and, Services division, Financial 
Management Service.
[FR Doc. 02-4694 Filed 2-27-02; 8:45 am]
BILLING CODE 4810-35-M