The Food Safety Modernization Act proposes to fundamentally change the way the US handles food safety. The bill is therefore of great interest to the product recall insurance community. In the Senate, the FDA Food Safety Modernization Act http://www.govtrack.us/congress/bill.xpd?bill=s111-510 was recommended for a Senate vote in November 2009 and was expected to reach the Senate floor in mid April, but has been delayed because of more pressing financial services and healthcare reforms. See, e.g., http://www.agweek.com/event/article/id/16168/, http://www.foodsafetynews.com/2010/04/food-safety-bill-stalls-behind-financial-reform/. The House bill, HR 1332: Safe FEAST Act of 2009, has not even made it out of committee yet — http://www.govtrack.us/congress/bill.xpd?bill=h111-1332. Reading between the lines of a recent op-ed in the New York Times, the bill is unlikely to make it to a vote this year — http://www.nytimes.com/2010/07/25/opinion/25schlosser.html?_r=1&ref=opinion.

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