The information is required to evaluate the insurer's financial and operational capability to deliver the crop insurance program in accordance with the FCIC Act. There are 16 private insurance companies holding an approved Standard Reinsurance Agreement (SRA).
The increase of 20,800 was due to a program change which requires Companies to submit Conflict of Interest disclosure information and the 112,264 was due to revisions in the SRA for '05 and subsequent reinsurance years and the omission of the agent and loss adjuster training requirements in the previous submission.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.