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    Subject Term: "Insurance coverage"

    3 publications with a total of 3 open recommendations
    Director: Alicia Puente Cackley
    Phone: (202) 512-8678

    1 open recommendations
    Recommendation: To help ensure that the government is not exposed to more liability risk than intended, the Secretary of Transportation should ensure that the FAA Administrator prioritizes the development of a plan to address the identified weakness in the cost-of-casualty amount, including setting time frames for action, and update the amount based on current information.

    Agency: Department of Transportation
    Status: Open

    Comments: The Department of Transportation agreed with the recommendation. As of May 2017, the Federal Aviation Administration (FAA) plans to seek feedback from the commercial space and insurance industries to obtain views on an appropriate cost-of-casualty amount and implications of any changes. After receiving this input, FAA will determine whether to modify the cost-of-casualty amount and initiate action. We will continue to monitor FAA's actions in response to this recommendation.
    Director: Cackley, Alicia P
    Phone: (202) 512-8678

    1 open recommendations
    Recommendation: To better ensure spaceport operators' understanding of FAA's financial responsibility regulations for commercial space launches, the Secretary of Transportation should ensure that the FAA Administrator provides additional communication to clarify FAA's interpretation of the financial responsibility regulations for commercial space launches. The forms of communication could include, among other things, issuing additional guidance or using other forums to clarify when a spaceport operator is a third party to a launch and when it is not.

    Agency: Department of Transportation
    Status: Open

    Comments: When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
    Director: Shames, Lisa R
    Phone: (202) 512-3841

    1 open recommendations
    Recommendation: To reduce the cost of the crop insurance program, Congress may wish to consider limiting the subsidy for premiums that an individual farmer can receive each year or reducing the subsidy for all farmers participating in the program, or both limiting and reducing these subsidies.

    Agency: Congress
    Status: Open

    Comments: As of December 2016, Congress has not taken action to implement this matter.