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).
Program increase due to new statute of the 2008 Farm Bill for 15,384 hours. The program change due to agency discretion increase of 16,036 is the agency renegotiating the Standard Reinsurance Agreement.
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.