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Highlights

Pursuant to a congressional request, GAO reviewed the Federal Crop Insurance Reinsurance Program, focusing on: (1) major problems that have affected the program since 1980; (2) the federal government's success in shifting its potential liability for agricultural production losses to reinsured companies; and (3) the Federal Crop Insurance Corporation's (FCIC) actions to comply with the 1990 farm bill directive to shift more risk to the private sector.

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