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Crop Insurance: Private Company Loss Adjustment Improving, but Overpayments Still High

RCED-90-32 Published: Nov 07, 1989. Publicly Released: Nov 07, 1989.
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Highlights

Pursuant to a congressional request, GAO reviewed efforts made by private insurance companies reinsured by the Federal Crop Insurance Corporation (FCIC) to resolve their loss adjustment problems.

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Topics

Agriculture and Food
Agricultural productionClaims processingFarm income stabilization programsInsurance claimsInsurance companiesInsurance lossesInsurance regulationInternal controlsOverpaymentsRefunds to governmentCrop insurance