Insurer Reporting Requirements; Annual Insurer Report on Motor Vehicle Theft for the 2005 Reporting Year

Joseph S. Carra
National Highway Traffic Safety Administration
January 28, 2011

[Federal Register: January 28, 2011 (Volume 76, Number 19)]
[Notices]               
[Page 5248-5249]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28ja11-116]                         

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DEPARTMENT OF TRANSPORTATION

National Highway Traffic Safety Administration

[NHTSA-08-0055]

 
Insurer Reporting Requirements; Annual Insurer Report on Motor 
Vehicle Theft for the 2005 Reporting Year

AGENCY: National Highway Traffic Safety Administration (NHTSA), 
Department of Transportation.

ACTION: Notice of availability.

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SUMMARY: This notice announces publication by NHTSA of the annual 
insurer report on motor vehicle theft for the 2005 reporting year. 
Section 33112(h) of Title 49 of the U.S. Code, requires this 
information to be compiled periodically and published by the agency in 
a form that will be helpful to the public, the law enforcement 
community, and Congress. As required by section 33112(c), this report 
provides information on theft and recovery of vehicles; rating rules 
and plans used by motor vehicle insurers to reduce premiums due to a 
reduction in motor vehicle thefts; and actions taken by insurers to 
assist in deterring thefts.

ADDRESSES: Interested persons may obtain a copy of this report or read 
background documents by going to http://regulations.dot.gov at any time 
or to Room W12-140 on the ground level of the West Building, 1200 New 
Jersey Avenue, SE., Washington DC, 20590, between 9 am and 5 pm, Monday 
through Friday, except Federal Holidays. Requests should refer to 
Docket No. 2008-0055.

FOR FURTHER INFORMATION CONTACT: Ms. Carlita Ballard, Office of 
International Policy, Fuel Economy and Consumer Programs, NHTSA, 1200 
New Jersey Ave., SE., Washington, DC 20590. Ms. Ballard's telephone 
number is (202) 366-0846. Her fax number is (202) 493-2990.

SUPPLEMENTARY INFORMATION: The Motor Vehicle Theft Law Enforcement Act 
of 1984 (Theft Act) was implemented to enhance detection and 
prosecution of motor vehicle theft (Pub. L. 98-547). The Theft Act 
added a new Title VI to the Motor Vehicle Information and Cost Savings 
Act, which required the Secretary of Transportation to issue a theft 
prevention standard for identifying major parts of certain high-theft 
lines of passenger cars. The Act also addressed several other actions 
to reduce motor vehicle theft, such as increased criminal penalties for 
those who traffic in stolen vehicles and parts, curtailment of the 
exportation of stolen motor vehicles and off-highway mobile equipment, 
establishment of penalties for dismantling vehicles for the purpose of 
trafficking in stolen parts, and development of ways to encourage 
decreases in premiums charged to consumers for motor vehicle theft 
insurance.
    This notice announces publication by NHTSA of the annual insurer 
report on motor vehicle theft for the 2005 reporting year. Section 
33112(h) of Title 49 of the U.S. Code, requires this information to be 
compiled periodically and published by the agency in a form that will 
be helpful to the public, the law enforcement community, and Congress. 
As required by section 33112(h), this report focuses on the assessment 
of information on theft and recovery of motor vehicles, comprehensive 
insurance coverage and actions taken by insurers to reduce thefts for 
the 2005 reporting period.

[[Page 5249]]

    Section 33112 of Title 49 requires subject insurers or designated 
agents to report annually to the agency on theft and recovery of 
vehicles, on rating rules and plans used by insurers to reduce premiums 
due to a reduction in motor vehicle thefts, and on actions taken by 
insurers to assist in deterring thefts. Rental and leasing companies 
also are required to provide annual theft reports to the agency. In 
accordance with 49 CFR 544.5, each insurer, rental and leasing company 
to which this regulation applies must submit a report annually not 
later than October 25, beginning with the calendar year for which they 
are required to report. The report would contain information for the 
calendar year three years previous to the year in which the report is 
filed. The report that was due by October 25, 2008 contains the 
required information for the 2005 calendar year. Interested persons may 
obtain a copy of individual insurer reports for CY 2005 by contacting 
the U.S. Department of Transportation, Docket Management, 1200 New 
Jersey Avenue, SE., West Building, Room W12-140 ground level, 
Washington, DC 20590-001. Requests should refer to Docket No. 2008-
0055.
    The annual insurer reports provided under section 33112 are 
intended to aid in implementing the Theft Act and fulfilling the 
Department's requirements to report to the public the results of the 
insurer reports. The first annual insurer report, referred to as the 
Section 612 Report on Motor Vehicle Theft, was prepared by the agency 
and issued in December 1987. The report included theft and recovery 
data by vehicle type, make, line, and model which were tabulated by 
insurance companies and, rental and leasing companies. Comprehensive 
premium information for each of the reporting insurance companies was 
also included. This report, the twentieth, discloses the same subject 
information and follows the same reporting format.

    Issued on: January 20, 2011.
Joseph S. Carra,
Acting Associate Administrator for Rulemaking.
[FR Doc. 2011-1463 Filed 1-27-11; 8:45 am]
BILLING CODE 4910-59-P