Congressional Budget Office

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  House, Senate Propose Generous Farm Bills

  By Arthur D. Postal, PropertyCasualty360.com  |  May 14, 2013

  Crop insurance coverage appears likely to be expanded as House and Senate committees again take up providing 5-year reauthorization of farm programs.

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  CFA's Hunter, I.I.I.'s Hartwig Spar on Need for TRIA Renewal

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 8, 2013

  In the latest war of words over the future of the Terrorism Risk Insurance Act, the president of the Insurance Information Institute accuses the Consumer Federation of America of being anti-consumer for its opposition to an extension.

• Senate Introduces MLR Bill Excluding Agent Compensation from Formula

  By Elizabeth Festa, PropertyCasualty360.com  |  March 22, 2013

  The Medical Loss Ratio bill is back in the Senate after a long hiatus, or death, as some might say, in committee last year.

• Bills Seek Rollback in Crop-Insurance Subsidies

  By Arthur D. Postal, PropertyCasualty360.com  |  March 7, 2013

  Legislation has been introduced in both the House and Senate that would slash crop-insurance subsidies to pre-2001 levels.

• IQ: 7 Million Projected to Participate in Insurance Exchange in 2014

  By Industry IQ  |  March 1, 2013

  Number includes the unemployed and those who opt to be uninsured

• Latest Figures Show 2012 Crop-Insurance Losses May Be Less Than Feared

  By Arthur D. Postal, PropertyCasualty360.com  |  February 14, 2013

  Crop-insurance losses in 2012 due to drought conditions amount to a record $14.2 billion, and are continuing to climb, industry officials were told Wednesday.

• Medicare Secondary Payment Fix Signed into Law

  By Arthur D. Postal, PropertyCasualty360.com  |  January 11, 2013

  Legislation aimed at streamlining repayment of funds to Medicare when the program pays claims later covered by private insurers has finally been enacted into law.

• NFIP Borrowing Authority Increase Cleared for Senate Vote, but Faces Obstacles in House

  By Arthur D. Postal, PropertyCasualty360.com  |  December 21, 2012

  The fate of what is seen as a needed increase in the borrowing authority of the National Flood Insurance Program before year-end is in doubt as Congress breaks until Wednesday.

• House Passes Industry-Supported Medicare Secondary Payment Bill

  By Arthur D. Postal, PropertyCasualty360.com  |  December 20, 2012

  The House Wednesday passed legislation sought by the insurance industry in three Congresses that would streamline enforcement of the Medicare Secondary Payment program.

• CBO Says Widely-Supported Medicare Secondary Payment Bill Will Save Money

  By Arthur D. Postal, PropertyCasualty360.com  |  November 13, 2012

  The Congressional Budget Office has projected that passage of legislation that would streamline enforcement of the Medicare Secondary Payment program would save the government money.

• Flood Bill Signed Into Law

  By Arthur D. Postal PropertyCasualty360.com  |  July 9, 2012

  President Obama signed legislation that reauthorizes the National Flood Insurance program until Sept. 30, 2017, ending years of political stalemate.

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  After Years of Delays, Congress Passes Long-Term NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  June 29, 2012

  Congress today finally passed and sent to the President legislation providing long-term certainty for the National Flood Insurance Program.

• House Passes 60-Day NFIP Extension; Stage Set for Long-Term Discussions

  By Arthur D. Postal, PropertyCasualty360.com  |  May 31, 2012

  The House passed a bill under expedited procedures that would extend the National Flood Insurance Program until July 31.

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  Watchdog Report Questions AIG Bailout, Compensation

  By Arthur D. Postal, PropertyCasualty360.com  |  January 26, 2012

  A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short term—if ever—the investment it has made in American International Group.

• Efforts for Long-Term NFIP Extension Intensify

  By Arthur D. Postal, PropertyCasualty360.com  |  January 26, 2012

  Efforts are underway to jump-start Senate action on a long-term National Flood Insurance Program extension.

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  Congress Kicks NFIP Can Down the Road, Barely

  By Arthur D. Postal, PropertyCasualty360.com  |  December 19, 2011

  The National Flood Insurance Program is operating on a temporary reauthorization that expires Friday as Washington continues to play winner-take-all politics.