Treasury has the right to investigate, confirm, audit, and examine an insurer with respect to any amounts paid to the insurer under the backstop and with respect to any Federal Terrorism Policy Surcharge.[1] Upon reasonable notice, an insurer must provide Treasury (or an authorized representative of Treasury) access to all pertinent books, documents, papers, and records.

Treasury has indicated any records or submissions it receives through the claims process or otherwise will be afforded no greater protection than afforded by the Freedom of Information Act.[2]

13.1 – Reliance on State Insurance Regulators

13.2 – Certification of Compliance

13.3 – Signatures of an Officer of the Insurer

13.4 – Audit and Penalties

13.5 – Records Retention

13.6 – Policies, Processes and Controls


[1] 31 C.F.R. § 50.80.
[2] 69 FR 39306.