Crop insurance underwriters and producers are up in arms over a proposal in the Obama administration tax plan that would further reduce crop-insurance subsidies by an estimated $8.3 billion over 10 years.

Crop insurance underwriters and producers are up in arms over a proposal in the Obama administration tax plan that would further reduce crop-insurance subsidies by an estimated $8.3 billion over 10 years.

In his deficit-reduction proposal, President Obama voices support for provisions in House legislation that would eliminate subsidies, over five years, on 30 percent of properties insured by the National Flood Insurance Program.

In his deficit-reduction proposal, President Obama voices support for provisions in House legislation that would eliminate subsidies, over five years, on 30 percent of properties insured by the National Flood Insurance Program.

Extension of the National Flood Insurance Program (NFIP) could be complicated by the decision of members of the Senate Banking Committee to provide bipartisan support for adding a provision in the NFIP that would split the difference on the sensitive wind-vs.-water issue.

The current National Flood Insurance Program will be extended through Nov. 18 by a congressional vote next week, according to industry officials.

The current National Flood Insurance Program will be extended through Nov. 18 by a congressional vote next week, according to industry officials.

The healthcare industry is telling the congressional super committee that changes in the Medicare program to reduce costs should include medical liability reform.