[Federal Register: January 6, 2004 (Volume 69, Number 3)]
[Notices]
[Page 720-721]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06ja04-140]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Departmental Offices; Proposed Collection; Comment Request
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: 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 comment on proposed and/or
continuing information collections; as required by the Paperwork
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the Department of the Treasury is soliciting comments
concerning the Terror Risk Insurance Survey.
DATES: Written comments should be received on or before March 8, 2003
to be assured of consideration.
ADDRESSES: Submit comments (if hard copy, preferably an original and
two copies) to Lucy Huffman, Office of Economic Policy, Department of
the Treasury, 1500 Pennsylvania Ave., NW., Washington, DC 20220.
Because paper mail in the Washington, DC area may be subject to delay,
it is recommended that comments be submitted by electronic mail to:
surveycomments@do.treas.gov. All comments should be captioned with
``Terror Risk Insurance Survey Comments.'' Please include your name,
affiliation, address, email, address and telephone number in your
comment. Comments will be available for public inspection by
appointment only at the Reading Room of the Treasury Library. To make
appointments, call (202) 622-0990 (not a toll-free number).
FOR FURTHER INFORMATION CONTACT: Linda Moeller, Economist, Office of
Economic Policy, 202-622-0474, at Linda.Moeller@do.treas.gov; or Lucy
Huffman, Economist, Office of Economic Policy, 202-622-0198, at
Lucy.Huffman@do.treas.gov.
SUPPLEMENTARY INFORMATION:
Title: Terror Risk Insurance Survey.
Abstract: Section 108(d) of the Terrorism Risk Insurance Act of
2002 (Pub. L. 107-297) (TRIA) requires the Secretary of the Treasury
(Treasury) to assess the effectiveness of the Terrorism Risk Insurance
Program (Program) established under TRIA and the likely capacity of the
property and casualty insurance industry to offer insurance for
terrorism risk after termination of the Program in 2005, and the
availability and affordability of such insurance for various
policyholders, including
[[Page 721]]
railroads, trucking and public transit. To help carry out this charge,
Treasury will implement a broad national multi-period survey of the
availability and price of terrorism risk coverage. The survey will
collect data on terrorism risk coverage in worker's compensation,
commercial property, and other casualty insurance included under TRIA
and data on reinsurance for terrorism risk.
Current Actions: The survey data will be collected in three waves.
The first wave of data collection is being undertaken during the fall
and winter of 2003 on the basis of an emergency information collection
submission (OMB number 1505-0193). The second and third waves will be
collected in early 2004 and 2005, respectively.
Pursuant to the Confidential Information Protection and Statistical
Efficiency Act of 2002, Pub. L. 107-347, 116 Stat. 2962, codified at 44
U.S.C. 3501, the data collected for this project shall be used for
exclusively statistical purposes, that is, for ``* * * the description,
estimation, or analysis of the characteristics of groups, without
identifying the individuals or organizations that comprise such
groups'' The data shall be gathered at arm's length from the
Government. The survey contractor, Westat, shall assemble the data into
nationally representative sets of longitudinal micro data in conformity
with OMB and Treasury data quality standards. The Contractor pledges to
Treasury and to survey respondents that they will safeguard the
confidentiality of survey responses. No individual company will be
identified, directly or indirectly, in reports or publications.
Type of Review: New.
Affected Public: Business or other for-profit/Not-for-profit
institutions/Farms/State Local or Tribal Government.
Estimated Number or Respondents: 10,350.
Estimated Total Annual Burden Hours: 13,500 hours.
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 shall
have practical utility; (b) the accuracy of the agency's estimate of
the burden of the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information to be collected; and
(d) ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology.
Dated: December 31, 2003.
Mark Warshawsky,
Acting Assistant Secretary for Economic Policy, U.S. Treasury
Department.
[FR Doc. 04-205 Filed 1-5-04; 8:45 am]
BILLING CODE 4810-25-M