Federal Register / Vol. 88, No. 211 / Thursday, November 2, 2023 / Notices 75377 

Approved: October 27, 2023. 

Jon R. Callahan, 

Senior Tax Analyst. 

[FR Doc. 2023–24159 Filed 11–1–23; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Privacy Act of 1974; System of 

Records 

AGENCY: Department of the Treasury. 

ACTION: Notice of a modified system of 

records. 

SUMMARY: In accordance with the 

Privacy Act of 1974, the Department of 

the Treasury (‘‘Treasury’’ or the 

‘‘Department’’), proposes to modify a 

current Treasury system of records 

titled, ‘‘Department of the Treasury, 

.017—Correspondence, Contact 

Information, and Meeting Records— 

Treasury’’, by expanding the title, 

purpose, and categories of records in 

this system of records, along with new 

routine uses. 

DATES: Submit comments on or before 

December 4, 2023. The new and/or 

significantly modified routine uses will 

be applicable on December 4, 2023. The 

new routine uses will not be applicable 

should Treasury receive comments and 

determines that changes to the system of 

records notice are necessary. 

ADDRESSES: Comments may be 

submitted to the Federal eRulemaking 

Portal electronically at http://

www.regulations.gov. Comments can 

also be sent to the Deputy Assistant 

Secretary for Privacy, Transparency, and 

Records, Department of the Treasury, 

1500 Pennsylvania Avenue NW, 

Washington, DC 20220, Attention: 

Revisions to Privacy Act Systems of 

Records. All comments received, 

including attachments and other 

supporting documents, are part of the 

public record and subject to public 

disclosure. All comments received will 

be posted without change to 

www.regulations.gov, including any 

personal information provided. You 

should submit only information that 

you wish to make publicly available. 

FOR FURTHER INFORMATION CONTACT: For 

general questions and questions 

regarding privacy issues, please contact: 

Ryan Law, Deputy Assistant Secretary 

for Privacy, Transparency, and Records 

(202–622–5710), Department of the 

Treasury, 1500 Pennsylvania Avenue 

NW, Washington, DC 20220. 

SUPPLEMENTARY INFORMATION: In 

accordance with the Privacy Act of 

1974, 5 U.S.C. 552a, the Department of 

the Treasury proposes to modify a 

current Treasury system of records 

titled, ‘‘Department of the Treasury, 

.017—Correspondence, Contact 

Information, and Meeting Records— 

Treasury.’’ 

The systems are maintained for the 

purpose of mailing informational 

literature or responses to those who 

request it; maintaining lists of 

individuals who attend Treasury 

sponsored events, conferences, work 

activities, or events in which Treasury 

or one of its bureaus or offices 

participated, including meetings or 

conferences; and for other purposes for 

which mailing or contact lists may be 

created. 

This notice modification is an 

expansion of the title and purpose of 

this system of records. As identified in 

sections below, the categories of records 

in the system have been updated to 

include records related to meetings, 

consolidation of record types, and new 

routine uses related to breaches of this 

system of records. 

Treasury has provided a report of this 

system of records to the Committee on 

Oversight and Government Reform of 

the House of Representatives, the 

Committee on Homeland Security and 

Governmental Affairs of the Senate, and 

the Office of Management and Budget 

(OMB), pursuant to 5 U.S.C. 552a(r) and 

OMB Circular A–108, ‘‘Federal Agency 

Responsibilities for Review, Reporting, 

and Publication under the Privacy Act,’’ 

dated December 23, 2016. 

Ryan Law, 

Deputy Assistant Secretary for Privacy, 

Transparency, and Records. 

SYSTEM NAME AND NUMBER: 

Department of the Treasury, .017— 

Correspondence, Contact Information, 

and Meeting Records—Treasury 

SECURITY CLASSIFICATION: 

Unclassified. 

SYSTEM LOCATION: 

The records are located in Treasury 

bureaus and offices, both in 

Washington, DC and at field locations as 

follows: 

(1) Departmental Offices: 1500 

Pennsylvania Ave. NW, Washington, DC 

20220; 

(2) Alcohol and Tobacco Tax and 

Trade Bureau: 1310 G St. NW, 

Washington, DC 20220. 

(3) Office of the Comptroller of the 

Currency: Constitution Center, 400 

Seventh St. SW, Washington, DC 20024; 

(4) Fiscal Service: Liberty Center 

Building, 401 14th St. SW, Washington, 

DC 20227; 

(5) Internal Revenue Service: 1111 

Constitution Ave. NW, Washington, DC 

20224; 

(6) United States Mint: 801 Ninth St. 

NW, Washington, DC 20220; 

(7) Bureau of Engraving and Printing: 

Eastern Currency Facility, 14th and C 

Streets SW, Washington, DC 20228 and 

Western Currency Facility, 9000 Blue 

Mound Rd., Fort Worth, TX 76131; 

(8) Financial Crimes Enforcement 

Network: Vienna, VA 22183; 

(9) Special Inspector General for the 

Troubled Asset Relief Program 

(SIGTARP): 1801 L St. NW, Washington, 

DC 20220; 

(10) Office of Inspector General: 740 

15th St. NW, Washington, DC 20220; 

(11) Office of the Treasury Inspector 

General for Tax Administration: 1125 

15th St. NW, Suite 700A, Washington, 

DC 20005; and 

(12) Financial Stability Oversight 

Council (FSOC): 1500 Pennsylvania 

Ave. NW, Washington, DC 20220. 

SYSTEM MANAGER(S): 

Deputy Assistant Secretary, Office of 

Privacy, Transparency, and Records, 

1500 Pennsylvania Avenue NW, 

Washington, DC 20220. 

AUTHORITY FOR MAINTENANCE OF THE SYSTEM: 

5 U.S.C. 301. 

PURPOSE(S) OF THE SYSTEM: 

The systems are maintained to mail 

informational literature or responses to 

those who request it; maintain lists and 

other information about individuals 

who attend or present at Treasury 

sponsored events, conferences, work 

meetings and other activities, or events 

in which Treasury participates; 

maintain lists and credentials of 

individuals who Treasury may consult 

professionally in furtherance of its 

mission; maintain records related to 

meetings, including video/audio 

recordings, transcripts, and for other 

purposes for which mailing, 

correspondence, contact lists, or 

meeting records may be created. 

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM: 

• Individuals who serve on Treasury 

boards and committees; 

• Third parties who identify potential 

contacts or who provide information 

Treasury uses to determine an 

individual’s inclusion on a mailing or 

contact list; 

• Individuals who provide contact 

information, or otherwise consent to 

having their contact information used, 

for facilitating communication with 

Treasury, including but not limited to, 

members of the public, government 

officials, representatives of industry, 


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75378 Federal Register / Vol. 88, No. 211 / Thursday, November 2, 2023 / Notices 

media, non-profits, academia, and 

others who express an interest in 

Treasury-related programs and 

activities; 

• Individuals who request 

information or inclusion on mailing lists 

for information or updates from 

Treasury or one of its bureaus or offices, 

concerning specific issues or topics; 

• Treasury employees, contractors, 

grantees, fiscal agents, financial agents, 

interns, and detailees, members of the 

public, government officials, and 

representatives of industry, media, nonprofits, academia, and others, paid or 

non-paid, attending or presenting at a 

Treasury sponsored event, work 

activity, or an event in which Treasury 

participated, including meetings, 

events, or conferences; 

• Emergency contact information for 

the individual point-of-contact for 

organizations in the event that 

individual suffers an injury on Treasury 

premises; 

• Alternative points-of-contact 

information provided by individuals or 

organizations included in a mailing or 

contact list; and 

• Individuals who voluntarily join a 

Treasury-owned and operated web 

portal for collaboration purposes. 

CATEGORIES OF RECORDS IN THE SYSTEM: 

Æ Name (including preferred name); 

Æ Business or organization name; 

Æ Business or organization type; 

Æ Business mailing address; 

Æ Job or functional title or business 

affiliation; 

Æ Business/personal address; 

Æ Business/personal phone 

number(s); 

Æ Business/personal mobile phone/ 

fax number(s); 

Æ Pager number; 

Æ Video or audio recordings; 

Æ Meeting summaries/transcripts; 

Æ Meeting or event attendance or sign 

in sheets; 

Æ Business/personal electronic mail 

(Email) addresses; 

Æ Personal or other alternative 

contact information provided by 

individuals while on travel or otherwise 

away from the office or home; 

Æ Assistant or point of contact’s 

name, title, or other contact information; 

Æ Information related to meetings, 

including: 

• Preferred contact method(s) and 

contact rules (any specific rules to be 

followed when considering contacting 

an individual); 

• Communications between Treasury 

employees and members of the public, 

Federal, State and local government 

officials, and representatives of 

industry, media, non-profits, and 

academia; 

• General descriptions of particular 

topics or subjects of interest as related 

to individuals or organizations who 

communicate with Treasury; 

• Information regarding curricula 

vitae, including memberships in 

professional societies, affiliation with 

standards bodies, any teaching positions 

held, or any publications associated 

with the individual; 

• Travel preferences (individuals who 

serve on Treasury boards and 

committees only); 

• Identification number assigned by 

computer in cases where created in 

order to retrieve information. 

RECORD SOURCE CATEGORIES: 

Information contained in these 

systems is obtained from affected 

individuals, organizations, and 

facilities; public source data; other 

government agencies; and information 

already in other Treasury records 

systems. 

ROUTINE USES OF RECORDS MAINTAINED IN THE

SYSTEM, INCLUDING CATEGORIES OF USERS AND

PURPOSES OF SUCH USES: 

In addition to those disclosures 

generally permitted under 5 U.S.C. 552a 

(b) of the Privacy Act, all or a portion 

of the records or information contained 

in these systems may be disclosed 

outside Treasury as a routine use 

pursuant to 5 U.S.C. 552a (b) (3), as 

follows: 

1. To the Department of Justice 

(including United States Attorneys’ 

Offices) or other Federal agencies 

conducting litigation or in proceedings 

before any court or adjudicative or 

administrative body, when it is relevant 

or necessary to the litigation and one of 

the following is a party to the litigation 

or has an interest in such litigation: 

a. Treasury or any component thereof; 

b. Any employee of Treasury in his/ 

her official capacity; 

c. Any employee of Treasury in his/ 

her individual capacity where the 

Department of Justice or Treasury has 

agreed to represent the employee; or 

d. The United States or any agency 

thereof. 

2. To a congressional office in 

response to an inquiry made at the 

request of the individual to whom the 

record pertains. 

3. To the National Archives and 

Records Administration or General 

Services Administration pursuant to 

records management inspections being 

conducted under the authority of 44 

U.S.C. 2904 and 2906. 

4. To an agency or organization for the 

purpose of performing audit or oversight 

operations as authorized by law, but 

only such information as is necessary 

and relevant to such audit or oversight 

function. 

5. To appropriate agencies, entities, 

and persons when: 

a. Treasury suspects or has confirmed 

that the security or confidentiality of 

information in the system of records has 

been compromised; 

b. The disclosure made to such 

agencies, entities, and persons is 

reasonably necessary to assist in 

connection with Treasury’s efforts to 

respond to the suspected or confirmed 

compromise and prevent, minimize, or 

remedy such harm. 

6. To contractors and their agents, 

grantees, experts, consultants, fiscal 

agents, financial agents, and others 

performing or working on a contract, 

service, grant, cooperative agreement, or 

other assignment for Treasury, when 

necessary to accomplish an agency 

function related to the system of 

records. Individuals provided 

information under this routine use are 

subject to the same Privacy Act 

requirements and limitations on 

disclosure as are applicable to Treasury 

officers and employees. 

7. To an appropriate Federal, State, 

Tribal, local, international, or foreign 

law enforcement agency or other 

appropriate authority charged with 

investigating or prosecuting a violation 

or enforcing or implementing a law, 

rule, regulation, or order, where a 

record, either on its face or in 

conjunction with other information, 

indicates a violation or potential 

violation of law, which includes 

criminal, civil, or regulatory violations 

and such disclosure is proper and 

consistent with the official duties of the 

person authorizing the disclosure. 

8. To sponsors, employers, 

contractors, facility operators, grantees, 

experts, fiscal agents, financial agents, 

and consultants, paid or non-paid, in 

connection with establishing an access 

account for an individual or 

maintaining appropriate points of 

contact and when necessary to 

accomplish a Treasury mission function 

or objective related to the system of 

records. 

9. To other individuals in the same 

operational program supported by an 

information technology resource, where 

appropriate notice to the individual has 

been made that his or her contact 

information will be shared with other 

members of the same operational 

program in order to facilitate 

collaboration. 

10. To Federal agencies, councils, and 

offices, such as the Office of Personnel 

Management, the Merit Systems 

Protection Board, the Office of 

Management and Budget, the Federal 


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Federal Register / Vol. 88, No. 211 / Thursday, November 2, 2023 / Notices 75379 

Labor Relations Authority, the 

Government Accountability Office, the 

Financial Stability Oversight Council, 

and the Equal Employment Opportunity 

Commission in the fulfillment of these 

agencies’ official duties. 

11. To international, Federal, State, 

local, Tribal, or private entities for the 

purpose of the regular exchange of 

business contact information in order to 

facilitate collaboration for official 

business. 

12. To the news media and the public, 

with the approval of the Senior Agency 

Official for Privacy, or her designee, in 

consultation with counsel, when there 

exists a legitimate public interest in the 

disclosure of the information or when 

disclosure is necessary to preserve 

confidence in the integrity of Treasury 

or is necessary to demonstrate the 

accountability of Treasury’s officers, 

employees, or individuals covered by 

the system, except to the extent it is 

determined that release of the specific 

information in the context of a 

particular case would constitute an 

unwarranted invasion of personal 

privacy. 

13. To appropriate agencies, entities, 

and person when (1) the Department of 

the Treasury suspects or has confirmed 

that there has been a breach of the 

system of records; (2) the Department of 

the Treasury has determined that as a 

result of the suspected or confirmed 

breach there is a risk of harm to 

individuals, the Department of the 

Treasury (including its information 

systems, programs, and operations), the 

Federal Government, or national 

security; and (3) the disclosure made to 

such agencies, entities, and persons is 

reasonably necessary to assist in 

connection with the Department of the 

Treasury’s efforts to respond to the 

suspected or confirmed breach or to 

prevent, minimize, or remedy such 

harm; 

14. To another Federal agency or 

Federal entity, when the Department of 

the Treasury determines that 

information from this system of records 

is reasonably necessary to assist the 

recipient agency or entity in (1) 

responding to a suspected or confirmed 

breach or (2) preventing, minimizing, or 

remedying the risk of harm to 

individuals, the recipient agency or 

entity (including its information 

systems, programs, and operations), the 

Federal Government, or national 

security, resulting from a suspected or 

confirmed breach; 

POLICIES AND PRACTICES FOR STORAGE OF

RECORDS: 

Records in these systems are on paper 

and/or in digital or other electronic 

form. Digital and other electronic 

images are stored on a storage area 

network in a secured environment. 

Records, whether paper or electronic, 

may be stored in Departmental Offices 

or at the bureau or office level. 

POLICIES AND PRACTICES FOR RETRIEVAL OF

RECORDS: 

Information may be retrieved, sorted, 

and/or searched by an identification 

number assigned by computer, facility, 

business affiliation, email address, name 

of the individual, or other data fields 

previously identified in this System of 

Records Notice. 

POLICIES AND PRACTICES FOR RETENTION AND

DISPOSAL OF RECORDS: 

Records are securely retained and 

disposed of in accordance with the 

National Archives and Records 

Administration’s General Records 

Schedule 12, item 2a. Files may be 

retained for up to three years depending 

on the record. For records that may be 

used in litigation, the files related to 

that litigation will be retained for three 

years after final court adjudication. 

ADMINISTRATIVE, TECHNICAL, AND PHYSICAL

SAFEGUARDS: 

Information in these systems is 

safeguarded in accordance with 

applicable laws, rules, and policies, 

including Treasury Directive 85–01, 

Department of the Treasury Information 

Technology (IT) Security Program. 

Further, security protocols for these 

systems of records will meet multiple 

National Institute of Standards and 

Technology security standards from 

authentication to certification and 

authorization. Records in these systems 

of records will be maintained in a 

secure, password protected electronic 

system that will use security hardware 

and software to include: multiple 

firewalls, active intruder detection, and 

role-based access controls. Additional 

safeguards will vary by component and 

program. All records are protected from 

unauthorized access through 

appropriate administrative, physical, 

and technical safeguards. These 

safeguards include restricting access to 

authorized personnel who have a ‘‘need 

to know,’’ using locks, and password 

protection identification features. 

Treasury file areas are locked after 

normal duty hours and the facilities are 

protected by security personnel who 

monitor access to and egress from 

Treasury facilities. 

RECORD ACCESS PROCEDURES: 

See ‘‘Notification Procedures’’ below. 

CONTESTING RECORD PROCEDURES: 

See ‘‘Notification Procedures’’ below. 

NOTIFICATION PROCEDURES: 

Individuals seeking notification of 

and access to any record contained in 

these systems of records, or seeking to 

contest its content, may submit a 

request in writing, in accordance with 

Treasury’s Privacy Act regulations 

(located at 31 CFR 1.26), to the Freedom 

of Information Act (FOIA) and 

Transparency Liaison, whose contact 

information can be found at https://

home.treasury.gov/footer/freedom-ofinformation-act under ‘‘FOIA Requester 

Service Centers and FOIA Liaison.’’ If 

an individual believes more than one 

bureau maintains Privacy Act records 

concerning him or her, the individual 

may submit the request to the Office of 

Privacy, Transparency, and Records, 

FOIA and Transparency, Department of 

the Treasury, 1500 Pennsylvania Ave. 

NW, Washington, DC 20220. 

No specific form is required, but a 

request must be written and: 

• Be signed and either notarized or 

submitted under 28 U.S.C. 1746, a law 

that permits statements to be made 

under penalty of perjury as a substitute 

for notarization; 

• State that the request is made 

pursuant to the FOIA and/or Privacy 

Act disclosure regulations; 

• Include information that will enable 

the processing office to determine the 

fee category of the user; 

• Be addressed to the bureau that 

maintains the record (in order for a 

request to be properly received by the 

Department, the request must be 

received in the appropriate bureau’s 

disclosure office); 

• Reasonably describe the records; 

• Give the address where the 

determination letter is to be sent; 

• State whether or not the requester 

wishes to inspect the records or have a 

copy made without first inspecting 

them; and 

• Include a firm agreement from the 

requester to pay fees for search, 

duplication, or review, as appropriate. 

In the absence of a firm agreement to 

pay, the requester may submit a request 

for a waiver or reduction of fees, along 

with justification of how such a waiver 

request meets the criteria for a waiver or 

reduction of fees found in the FOIA 

statute at 5 U.S.C. 552(a)(4)(A)(iii). 

EXEMPTIONS PROMULGATED FOR THE SYSTEM: 

None. 

HISTORY: 

Notice of this system of records was 

last published in full in the Federal 

Register on November 7, 2016 (81 FR 

78266) as the Department of the 

Treasury, Treasury-wide .017— 


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75380 Federal Register / Vol. 88, No. 211 / Thursday, November 2, 2023 / Notices 

1Executive Order on Climate-Related Financial 

Risk, Exec. Order No. 14030, 86 FR 27,967 (May 20, 

2021) (E.O. 14030). 

2 31 U.S.C. 313(c); E.O. 14030. FIO addressed the 

first undertaking for FIO under E.O. 14030 with the 

publication of its report Insurance Supervision and 

Regulation of Climate-Related Risks (June 2023), 

https://home.treasury.gov/system/files/311/FIOJune-2023-Insurance-Supervision-and-Regulationof-Climate-Related-Risks.pdf. 

3 31 U.S.C. 313–314. 

4 31 U.S.C. 313(e)(4) provides that ‘‘Before 

collecting any data or information under paragraph 

(2) from an insurer, or affiliate of an insurer, the 

Office shall coordinate with each relevant Federal 

agency and State insurance regulator (or other 

relevant Federal or State regulatory agency, if any, 

in the case of an affiliate of an insurer) and any 

publicly available sources to determine if the 

information to be collected is available from, and 

may be obtained in a timely manner by, such 

Federal agency or State insurance regulator, 

individually or collectively, other regulatory 

agency, or publicly available sources. If the Director 

determines that such data or information is 

available, and may be obtained in a timely manner, 

from such an agency, regulator, regulatory agency, 

or source, the Director shall obtain the data or 

information from such agency, regulator, regulatory 

agency, or source. If the Director determines that 

such data or information is not so available, the 

Director may collect such data or information from 

an insurer (or affiliate) only if the Director complies 

with the requirements of subchapter I of chapter 35 

of title 44, United States Code (relating to Federal 

information policy; commonly known as the 

Paperwork Reduction Act), in collecting such data 

or information. Notwithstanding any other 

provision of law, each such relevant Federal agency 

and State insurance regulator or other Federal or 

State regulatory agency is authorized to provide to 

the Office such data or information.’’ 

5Agency Information Collection Activities; 

Proposed Collection, Comment Request; Federal 

Insurance Office Climate-Related Financial Risk 

Data Collection, 87 FR 64,134 (October 21, 2022) 

(October 2022 FRN). 

6October 2022 FRN, 87 FR at 64,140. 

Correspondence and Contact 

Information. 

[FR Doc. 2023–24222 Filed 11–1–23; 8:45 am] 

BILLING CODE 4810–AK–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Federal 

Insurance Office Climate-Related 

Financial Risk Data Collection for U.S. 

Homeowners Multi-Peril Underwriting 

Data 

AGENCY: Federal Insurance Office, 

Departmental Offices, Department of the 

Treasury. 

ACTION: Notice of information collection; 

request for comment. 

SUMMARY: Pursuant to the Federal 

Insurance Office Act of 2010 (FIO Act), 

the Federal Insurance Office (FIO) of the 

U.S. Department of the Treasury will 

submit the following information 

collection request to the Office of 

Management and Budget (OMB) for 

review and clearance in accordance 

with the Paperwork Reduction Act of 

1995 (PRA), on or after the date of 

publication of this notice. This data 

collection will assist FIO’s assessment 

of the potential for any major 

disruptions of private insurance 

coverage in regions of the country 

particularly vulnerable to climate 

change impacts. The public is invited to 

submit comments on this request. 

DATES: Comments must be received by 

December 4, 2023 to be assured of 

consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be 

submitted at https://www.reginfo.gov/ 

public/do/PRAMain. Find this 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Elizabeth Brown, Senior 

Insurance Regulatory Policy Analyst, by 

emailing Elizabeth.Brown@treasury.gov, 

calling (202) 597–2869, or viewing the 

entire information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Federal Insurance Office 

Climate-Related Financial Risk Data 

Collection for U.S. Homeowners MultiPeril Underwriting Data. 

OMB Control Number: 1505–NEW. 

Type of Review: Request for a new 

OMB Control Number. 

Description: On May 20, 2021, 

President Biden issued the Executive 

Order on Climate-Related Financial 

Risk, Exec. Order No. 14030 (E.O. 

14030), which called on FIO to: (1) 

‘‘assess climate-related issues or gaps in 

the supervision and regulation of 

insurers’’ and (2) ‘‘further assess, in 

consultation with States, the potential 

for major disruptions of private 

insurance coverage in regions of the 

country particularly vulnerable to 

climate change impacts.’’ 1 This 

information collection is necessary for 

FIO to advance its statutory mandates 

(including to monitor the extent to 

which traditionally underserved 

communities and consumers, 

minorities, and low- and moderateincome persons have access to 

affordable insurance products, and to 

monitor all aspects of the insurance 

industry) and to fulfill the second 

undertaking for FIO under E.O. 14030.2

Under FIO’s data collection, FIO will 

obtain consistent, granular, and 

comparable homeowners insurance data 

that is not otherwise publicly available 

on a nationwide level. This nationwide 

view is critical to understanding how 

climate-related financial risks impact 

families and individuals across state 

markets and the United States, and how 

these effects could impact the broader 

financial system. 

FIO Authorities 

Under the FIO Act, FIO’s authorities 

include monitoring all aspects of the 

insurance sector, including identifying 

issues or gaps in the regulation of 

insurers that could contribute to a 

systemic crisis in the insurance sector or 

the U.S. financial system; monitoring 

the extent to which traditionally 

underserved communities and 

consumers, minorities, and low- and 

moderate-income persons have access to 

affordable insurance products; 

collecting data and information on and 

from the insurance industry and 

insurers; analyzing and disseminating 

data and information; and issuing 

reports regarding all lines of insurance 

that FIO monitors.3 Each of these 

authorities is relevant to FIO’s planned 

data collection. 

Efforts To Collect Data From Other 

Sources 

Before FIO seeks to collect data 

directly from insurers, the FIO Act 

requires FIO to coordinate with relevant 

insurance regulators in the 50 states, the 

District of Columbia, and the five U.S. 

territories (collectively, the State 

Insurance Regulators), relevant federal 

agencies, and any publicly available 

sources in accordance with procedures 

set forth in the FIO Act before FIO 

collects the data directly from insurers.4

Prior to publishing FIO’s October 2022 

notice and request for comment related 

to the proposed data collection (October 

2022 FRN), FIO coordinated with State 

Insurance Regulators to determine if 

they could provide in a timely manner 

the data that FIO proposed collecting.5

Following those efforts, as described in 

detail in the October 2022 FRN, FIO 

determined that the data that FIO was 

proposing to collect was not available or 

could not be obtained in a timely 

manner from any of the State Insurance 

Regulators, relevant federal agencies, or 

publicly available sources.6

After the end of the comment period 

for the October 2022 FRN, FIO had 

additional meetings with the NAIC and 

the State Insurance Regulators to offer 

increased coordination and 

collaboration between FIO’s proposed 

data collection and any efforts of the 

NAIC and State Insurance Regulators. 

On August 15, 2023, the NAIC 


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