Surety Companies Acceptable on Federal Bonds: Name Change-Odyssey Reinsurance Corporation

AGENCY:

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

ACTION:

Notice.

SUMMARY:

This is Supplement No. 9 to the Treasury Department Circular 570; 2003 Revision, published July 1, 2003, at 68 FR 39186.

FOR FURTHER INFORMATION CONTACT:

Surety Bond Branch at (202) 874-6850.

SUPPLEMENTARY INFORMATION:

Odyssey Reinsurance Corporation, a Connecticut corporation, has formally changed its name to Clearwater Insurance Company, effective December 4, 2003. The Company was last listed as an acceptable surety on Federal bonds at 68 FR 39228, July 1, 2003.

A Certificate of Authority as an acceptable surety on Federal bonds, is hereby issued under Sections 9304 to 9308 of Title 31 of the United States Code, to Clearwater Insurance Corporation, Stamford, CT. This new Certificate replaces the Certificate of Authority issued to the Company under its former name. The underwriting limitation of $48,712,000.00 established for the Company as of July 1, 2003, remains unchanged until June 30, 2004.

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, 2003 Revision, at pages 39195 and 39228 to reflect this change.

The Circular may be viewed and downloaded through the Internet at http://www.fms.treas.gov/c570. A hard copy may be purchased from the Government Printing Office (GPO), Subscription Service, Washington, DC, telephone (202) 512-1800. When ordering the Circular from GPO, use the following stock number: 769-004-40671-1.

Questions concerning this notice may be directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and Services Divsion, Surety Bond Branch, 3700 East-West Highway, Room 6F07, Hyattsville, MD 20782.