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Crop Insurance: Conflict-of-Interest Problems Involving an FCIC Official

RCED-88-24 Published: Dec 18, 1987. Publicly Released: Dec 18, 1987.
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Highlights

In response to a congressional request, GAO examined an individual's action as a Director and manager of the Federal Crop Insurance Corporation (FCIC) to determine whether any potential conflict of interest existed between his private business interests and FCIC responsibilities.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Department of Agriculture The Secretary of Agriculture should direct Mr. Fosse to abstain from participating in FCIC matters affecting the Crop Hail Insurance Actuarial Association unless and until the Secretary grants him a waiver of 18 U.S.C. 208 prohibitions.
Closed – Not Implemented
Conflict of interest was eliminated shortly after the report was issued because the subject of the report resigned from Office.

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Topics

Agriculture and Food
Agricultural programsConflict of interestsEthical conductLobbying activitiesPostemployment restrictionStatutory lawCrop insuranceUnderwriting standardsInsurance claimsRural economic development