Liability Insurance:
Effects of Recent 'Crisis' on Businesses and Other Organizations
HRD-88-64: Published: Jul 29, 1988. Publicly Released: Aug 29, 1988.
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Pursuant to a congressional request, GAO provided information on liability insurance for U.S. businesses and other organizations for 1985 and 1986, focusing on: (1) availability; (2) cost; (3) coverage adequacy; and (4) state regulatory actions.
GAO found that: (1) most insurance buyers surveyed maintained liability insurance coverage throughout 1985 and 1986, but cancellations and nonrenewals occurred for some less frequently purchased types of coverage; (2) large organizations had difficulty purchasing adequate primary environmental liability coverage; (3) the percentage of large organizations whose coverage was adequate declined from 1985 to 1986 for some types of insurance; (4) although costs increased for the types of coverage purchased most often, the cost of liability insurance as a percentage of annual gross receipts was relatively small; (5) large organizations experienced larger premium increases than did smaller organizations; (6) despite increased costs, coverage amounts generally remained the same or decreased; and (7) some state insurance departments adopted programs to assist buyers in locating insurers offering coverage and believed that availability problems were easing. GAO also found that the increased insurance costs probably did not: (1) have a large effect on the costs of goods and services that large organizations provided; or (2) threaten the viability of the organizations surveyed.
Dec 15, 2020
The Nation's Fiscal Health:
Information on the Spending and Revenue Implications of Potential Debt TargetsGAO-21-211: Published: Dec 15, 2020. Publicly Released: Dec 15, 2020.
Oct 7, 2020
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The Nation's Fiscal Health:
A Long-Term Plan Is Needed for Fiscal SustainabilityGAO-21-161T: Published: Oct 7, 2020. Publicly Released: Oct 7, 2020.
Sep 23, 2020
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The Nation's Fiscal Health:
Effective Use of Fiscal Rules and TargetsGAO-20-561: Published: Sep 23, 2020. Publicly Released: Sep 23, 2020.
Jan 23, 2020
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Federal Trust Funds and Other Dedicated Funds:
Fiscal Sustainability Is a Growing Concern for Some Key FundsGAO-20-156: Published: Jan 16, 2020. Publicly Released: Jan 23, 2020.
Dec 19, 2019
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State and Local Governments' Fiscal Outlook:
2019 UpdateGAO-20-269SP: Published: Dec 19, 2019. Publicly Released: Dec 19, 2019.
Nov 14, 2019
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Certificated Expenditures:
Executive Office of the President FY 2018 Certificated Expenditures Were Spent for Authorized PurposesGAO-20-139R: Published: Nov 14, 2019. Publicly Released: Nov 14, 2019.
Oct 16, 2019
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Civilian Personnel:
Additional Guidance and Consistent Data Reporting Could Help Improve the Marine Corps' Budget ManagementGAO-20-148: Published: Oct 16, 2019. Publicly Released: Oct 16, 2019.
Jun 26, 2019
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The Nation's Fiscal Health:
Actions Needed to Achieve Long-Term Fiscal SustainabilityGAO-19-611T: Published: Jun 26, 2019. Publicly Released: Jun 26, 2019.
Apr 10, 2019
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The Nation's Fiscal Health:
Action Is Needed to Address the Federal Government's Fiscal FutureGAO-19-314SP: Published: Apr 10, 2019. Publicly Released: Apr 10, 2019.
Mar 27, 2019
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Fiscal Exposures:
Federal Insurance and Other Activities That Transfer Risk or Losses to the GovernmentGAO-19-353: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.
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