PRODUCT MANAGEMENT BULLETIN: PM–19-068
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
November 26, 2019
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 11/26/2019
Subject:
Hybrid Seed Rice Crop Provisions Changes Effective for the 2020 Crop Year
- Background
-
The Federal Crop Insurance Corporation (FCIC) revised the Hybrid Seed Rice Crop Provisions to remove the definition of “adjusted yield” and clarify definitions for “amount of insurance per acre” and “county yield.”
The changes are applicable for the 2020 and succeeding crop years.
- Action
-
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:
- Hybrid Seed Rice Crop Provisions (20-0080)
- Hybrid Seed Rice Loss Adjustment Standards Handbook (FCIC 20280L)
- Hybrid Seed Rice Crop Insurance Standards Handbook (FCIC 20280U)
Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.
DISPOSAL DATE:
December 31, 2019