01-29816. Surety Companies Acceptable on Federal Bonds: Name Change-Commercial Union Insurance Company

AGENCY:

Financial Management Service, Fiscal Service, Department of the Treasury.

ACTION:

Notice.

SUMMARY:

This is Supplement No. 14 to the Treasury Department Circular 570; 2001 Revision, published July 2, 2001, at 66 FR 35024.

FOR FURTHER INFORMATION CONTACT:

Surety Bond Branch at [phone].

SUPPLEMENTARY INFORMATION:

Commercial Union Insurance Company, a Massachusetts corporation, has formally changed its name to OneBeacon America Insurance Company, effective August 31, 2001. The Company was last listed as an acceptable surety Federal bonds at 66 FR 30533, July 2, 2001.

A Certificate of Authority as an acceptable surety on Federal bonds, dated today, is hereby issued under Sections 9304 to 9308 of Title 31 of the United States Code, to OneBeacon America Insurance Company, Boston, Massachusetts. This new Certificate replaces the Certificate of Authority issued to the Company under its former name. The underwriting limitation of $28,750,000 established for the Company as of July 2, 2001, remains unchanged until June 30, 2002.

Certificates of Authority expire on June 30, each year, unless revoked prior to that date. The Certificates are subject to subsequent annual renewal as long as the Company remains qualified (31 CFR, part 223). A list of qualified companies is published annually as of July 1, in the Department Circular 570, which outlines details as to underwriting limitations, areas in which licensed to transact surety business and other information. Federal bond-approving officers should annotate their reference copies of the Treasury Circular 570, 2001 Revision, at page 35050 to reflect this change.

The Circular may be viewed and downloaded through the Internet (http://www.fms.treas.gov/​c570/​index.html). A hard copy may be purchased from Government Printing Office (GPO), Subscription Service, Washington, DC, telephone [phone]. When ordering the Circular from GPO, use the following stock number: 769-004-04067-1.

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 6F04, Hyattsville, MD 20782.

Dated: November 19, 2001.

Wanda J. Rogers,

Director, Financial Accounting and Services Division, Financial Management Service.