John Shea, 202-690-0437
USDA RELEASES STUDIES ABOUT FEDERAL CROP INSURANCE PROGRAM
WASHINGTON, Sep 23, 2009 - USDA’s Risk Management Agency (RMA) has released the results of a study completed by
Milliman Inc., which analyzes a reasonable rate of return for crop insurers participating in the Federal
Crop Insurance Program. RMA also released a study which lays out the historical rates of return for those
These studies are available online at http://www.rma.usda.gov/pubs/2009/millimanreasonablerate.pdf
The companies involved in the studies are reinsured by the Federal Crop Insurance Corporation (FCIC) by the
Standard Reinsurance Agreement (SRA). The results will aid in this year’s SRA discussions between RMA and the
participating insurance companies that deliver the Federal crop insurance
program to American farmers and ranchers through a network of agents nationwide.
Discussions between these companies and RMA about the SRA have recently begun, as provided by the 2008 Farm Bill.