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Actuarial Release 21-013

As of April 16, 2021 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
  • 2020 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

COM-21-001: Risk Management Agency Improper Payments Reviews

Background

The Department of Agriculture (USDA), Risk Management Agency (RMA) is required annually, in accordance with Appendix C of the Office of Management and Budget (OMB) Circular No. A-123, Requirements for Effective Estimation and Remediation of Improper Payments dated October 20, 2014, and the Payment Integrity Information Act of 2019, to estimate and report an improper payment rate using a statistically selected, statistically valid sample of policies for the Federal crop insurance program.

Actuarial Release 21-012

As of April 01, 2021 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2022 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

  • 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.
  • 2022 Special Provisions are in the Special_Provisions/2022 directory.

Additional notes and details regarding this data release:

Actuarial Release 21-011

As of March 23, 2021 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.

Additional notes and details regarding this data release:

PM-21-017: 2021 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage

Background

In accordance with Section 8 of the Rainfall and Vegetation Index Plan Common Policy Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

  • 2021 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage

Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser and Actuarial Data Master in the following formats:

PM-21-016.1: 2020 Crop Year Actual Revenue History (ARH) Sweet Cherry and Tart Cherry Annual Price – Revision for Michigan Sweet Cherry Prices

Background

The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions establish an Annual Price to determine revenue to count for certain appraised or unsold marketable production. RMA released prices on March 11, 2021, but prices for Michigan were incorrect. This memorandum corrects prices for Michigan sweet cherries.

Action

Risk Management Agency (RMA) is issuing revisions to Michigan sweet cherry Annual Prices for crop year 2020, which were initially published on March 11, 2021. Other prices are repeated for reference.

PM-21-016: 2020 Crop Year Actual Revenue History (ARH) Sweet Cherry and Tart Cherry Annual Price

Background

The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions establish an Annual Price to determine revenue to count for certain appraised or unsold marketable production.

Action

In accordance with the definition of Annual Price in Section 2 of the crop provisions, the Risk Management Agency (RMA) is issuing the following Annual Prices for crop year 2020:

IS-21-001: 2022 Standard Reinsurance Agreement (SRA) and 2022 Livestock Price Reinsurance Agreement (LPRA)

The Risk Management Agency (RMA) has released the 2022 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2022 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2021. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements. As stated in COM 20-009, the Enhanced Coverage Option (ECO) has been added to the Appendix IV Review Matrix, there are no other changes from the prior year.

Actuarial Release 21-010

As of March 05, 2021 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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