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. |
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
Agricultural programsConflict of interestsEthical conductLobbying activitiesPostemployment restrictionStatutory lawCrop insuranceUnderwriting standardsInsurance claimsRural economic development