Surety Companies Acceptable on Federal Bonds; Termination; Western Insurance Company
This is Supplement No. 13 to the Treasury Department Circular 570; 2010 Revision, published July 1, 2010, at 75 FR 38192.
Table of Contents Back to Top
FOR FURTHER INFORMATION CONTACT: Back to Top
Surety Bond Branch at (202) 874-6850.
SUPPLEMENTARY INFORMATION: Back to Top
Notice is hereby given that the Certificate of Authority issued by the Treasury to Western Insurance Company (NAIC# 10008) under 31 U.S.C. 9305 to qualify as an acceptable surety on Federal bonds is terminated effective July 1, 2011. Federal bond-approving officials should annotate their reference copies of the Treasury Department Circular 570 (“Circular”), 2010 Revision, to reflect this change.
With respect to any bonds, including continuous bonds, currently in force with above listed Company, bond-approving officers should secure new bonds with acceptable sureties in those instances where a significant amount of liability remains outstanding. In addition, in no event, should bonds that are continuous in nature be renewed.
The Circular may be viewed and downloaded through the Internet at http://www.fms.treas.gov/c570.
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 6F01, Hyattsville, MD 20782.
Dated: June 21 2011.
Director, Financial Accounting and Services Division, Financial Management Service.
[FR Doc. 2011-16008 Filed 6-27-11; 8:45 am]
BILLING CODE 4810-35-M