Receive the GAO report on the management decisions of the Federal Crop Insurance Corporation
Read Online
Share

Receive the GAO report on the management decisions of the Federal Crop Insurance Corporation hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, Ninety-ninth Congress, second session, September 23, 1986. by United States. Congress. House. Committee on Agriculture. Subcommittee on Conservation, Credit, and Rural Development.

  • 600 Want to read
  • ·
  • 75 Currently reading

Published by U.S. G.P.O, For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O. in Washington .
Written in English

Subjects:

Places:

  • United States.

Subjects:

  • Federal Crop Insurance Corporation -- Management.,
  • Crop insurance -- United States.

Book details:

Classifications
LC ClassificationsKF27 .A3226 1986g
The Physical Object
Paginationiii, 110 p. :
Number of Pages110
ID Numbers
Open LibraryOL2148656M
LC Control Number88601311

Download Receive the GAO report on the management decisions of the Federal Crop Insurance Corporation

PDF EPUB FB2 MOBI RTF

GAO reviewed the Department of Agriculture, Federal Crop Insurance Corporation's (FCIC) new rule on General Administrative Regulations; Catastrophic Risk Protection Endorsement; Area Risk Protection Insurance Regulations; and the Common Crop Insurance Regulations, Basic Provisions. GAO found that (1) the interim rule amends the General Administrative Regulations--Ineligibility for Programs. Location of Repository Receive the GAO report on the management decisions of the Federal Crop Insurance Corporation: hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, Ninety-ninth Congress, second session, Septem By and Rural Development. GAO presented information concerning its ongoing review of the Federal Crop Insurance Corporation (FCIC) and the implementation of the Federal Crop Insurance Act of which expanded the crop insurance program and transferred the sales program to private insurance companies. GAO found that, while FCIC made substantial progress in implementing the act, the program was expanded without. Management Analyst Department of Agriculture. ENCLOSURE. REPORT UNDER 5 U.S.C. § (a)(2)(A) ON A MAJOR RULE ISSUED BY THE Department of Agriculture, Federal Crop Insurance Corporation, Farm Service Agency, Commodity Credit Corporation ENTITLED “Agricultural Disaster Indemnity Programs” (RIN: AI52) (i) Cost-benefit analysis.

Agency: Federal Crop Insurance Corporation, U.S. Department of Agriculture The GAO report was prepared at the height of crop prices which resulted in an unanticipated identifying inefficiencies and program management decisions that contribute to the cost of delivering the program.   Why GAO Did This Study. To implement the federal crop insurance program, USDA's RMA partners with private insurance companies, which sell and service policies. In , USDA negotiated an agreement with insurance companies to set a national cap on the annual payments it makes to them for expenses and a target rate of return. The Federal Crop Insurance Corporation (FCIC), an agency of the USDA, is a Government owned corporation that was created in to promote the national welfare by improving the economic stability of agriculture through a sound system of crop insurance. An appointed Board of Directors provides overall guidance to FCIC. Risk Management Agency Independence Ave., SW • Stop • Washington, DC The Risk Management Agency Administers and Oversees All Programs Authorized Under the Federal Crop Insurance Corporation An Equal Opportunity Employer BULLETIN NO.: MGR TO: All Reinsured Companies All Risk Management Agency Field Offices.

  management decision for all recommendations. Management Audit Report manages the Federal Crop Insurance Corporation (FCIC). RMA, through FCIC, provides crop insurance to American farmers and ranchers through approved insurance providers (AIPs) who. Federal Deposit Insurance Corporation This is our report on the uniform examination system for evaluating and commenting on country risk to U.S. banks with significant foreign lending. The sys tern, adopted by the Of- fice of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation as part of the.   Today, the Government Accountability Office (GAO) released a new report providing more evidence that reducing federal crop insurance premium subsidies would have little effect on agricultural producers’ bottom lines while saving taxpayers billions of dollars. The report, requested by Senator Tom Coburn (R-OK), Ranking Member of the Senate Committee on Homeland Security and . The federal crop insurance program is permanently authorized by the Federal Crop Insurance Act, as amended (7 U.S.C. et seq.). The U.S. Department of Agriculture’s (USDA's) Risk Management Agency (RMA) operates the Federal Crop Insurance Corporation (FCIC), which is the funding mechanism for the program.