The Federal Crime Insurance Program:
An Overview
CED-82-68: Published: Apr 15, 1982. Publicly Released: Apr 15, 1982.
Additional Materials:
- Full Report:
Contact:
In response to a congressional request, GAO reviewed the Federal Crime Insurance Program. Under the program, insurance for burglary, robbery, theft, and similar crimes is available to residential and commercial property owners in States where crime insurance is not available through the private market or statewide programs or where it is prohibitively expensive. Legislative authorization to enter into new insurance policies ends on September 30, 1982, and the Administration has recommended that the program be terminated at that time.
As of September 30, 1981, 26 States, the District of Columbia, Puerto Rico, and the Virgin Islands participated in the program. There were nearly 73,000 policies in force, approximately two-fifths of which were commercial policies. The crime insurance program has had losses every year; however, it has never received an appropriation, but has been funded by the National Insurance Development Fund. Within the last year, several changes have been made in the program: a premium increase has been announced, and underwriting and claims adjustment practices have been revised. These changes are designed to reduce program losses and potential program abuses. There may be a significant need for the program in only a few States, such as New York, Pennsylvania, and Florida, which account for 71 percent of the policies. In addition, it is not clear whether non-Federal crime insurance coverage is available to current policyholders, or whether it is available only at prohibitively costly premiums. In some States, alternatives to Federal programs exist; however, establishment of State programs may require State legislative action.
Feb 24, 2021
Pregnant Women in DOJ Custody:
U.S. Marshals Service and Bureau of Prisons Should Better Align Policies with National GuidelinesGAO-21-147: Published: Jan 25, 2021. Publicly Released: Feb 24, 2021.
Oct 26, 2020
-
Intellectual Property:
CBP Has Taken Steps to Combat Counterfeit Goods in Small Packages but Could Streamline EnforcementGAO-20-692: Published: Sep 24, 2020. Publicly Released: Oct 26, 2020.
Sep 30, 2020
-
Federal Criminal Restitution:
Department of Justice Has Ongoing Efforts to Improve Its Oversight of the Collection of Restitution and Tracking the Use of Forfeited AssetsGAO-20-676R: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020.
Sep 10, 2020
-
Federal Tactical Teams:
Characteristics, Training, Deployments, and InventoryGAO-20-710: Published: Sep 10, 2020. Publicly Released: Sep 10, 2020.
Sep 8, 2020
-
VA Police:
Actions Needed to Improve Data Completeness and Accuracy on Use of Force Incidents at Medical CentersGAO-20-599: Published: Sep 8, 2020. Publicly Released: Sep 8, 2020.
Aug 13, 2020
-
Anti-Money Laundering:
FinCEN Should Enhance Procedures for Implementing and Evaluating Geographic Targeting OrdersGAO-20-546: Published: Jul 14, 2020. Publicly Released: Aug 13, 2020.
Jul 29, 2020
-
Federal Prison Industries:
Actions Needed to Evaluate Program EffectivenessGAO-20-505: Published: Jul 29, 2020. Publicly Released: Jul 29, 2020.
Jul 8, 2020
-
Gun Control:
DOJ Can Further Improve Guidance on Federal Firearm Background Check RecordsGAO-20-528: Published: Jul 8, 2020. Publicly Released: Jul 8, 2020.
Jun 22, 2020
-
Federal Prisons:
Additional Analysis Needed to Determine Whether to Issue Pepper Spray to Minimum Security PrisonsGAO-20-342: Published: Jun 22, 2020. Publicly Released: Jun 22, 2020.
May 26, 2020
-
Bureau of Prisons:
Improved Planning Would Help BOP Evaluate and Manage Its Portfolio of Drug Education and Treatment ProgramsGAO-20-423: Published: May 26, 2020. Publicly Released: May 26, 2020.
Looking for more? Browse all our products here
Explore our Key Issues on Justice and Law Enforcement
Explore our other Key Issues here
