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MGR-18-005: Options for Producers Who Purchased a Crop Hail Named Peril Policy from Crop Pro Insurance Services/Guide One Insurance Company

Background

The Risk Management Agency (RMA) has evaluated the current situation related to privately-owned supplemental crop insurance policies referred to as Crop Hail Named Peril (CHNP) policies in the States of Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. CHNP policies were marketed and sold by Crop Pro Insurance Services, Inc. (CropPro), a managing general agency for Guide One Insurance Company (Guide One). CHNP policies are not Federally-reinsured or subsidized policies.

Actuarial Release 18-029

As of August 24, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2019 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

PM-18-041: 2019 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors Announcement

Common Crop Insurance Policy1

The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

PM-18-042: 2018 Crop Year Rainfall Index May – June Index Interval Final Grid Indices for Annual Forage, Apiculture, and Pasture, Rangeland, Forage 2018 Crop Year Rainfall Index December – June Catastrophic (CAT) Index Interval Final Grid Indices ...

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:

Actuarial Release 18-028

As of August 15, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 4/30, 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

Final Agency Determination: FAD-279

Subject: Two requests dated March 6, 2018, and March 21, 2018, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2018 crop year regarding the interpretation of section 20(a)(1) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.

Background:

Section 20 of the Basic Provisions states, in relevant part:

Final Agency Determination: FAD-278

Subject: Request received May 2, 2018, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2016 crop year regarding the interpretation of section 3(a) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.

Background:

Section 3(a) of the Basic Provisions states, in relevant part:

3. Insurance Guarantees, Coverage Levels, and Prices.

Final Agency Determination: FAD-277

Subject: Request received November 2, 2017, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2016 crop year regarding the interpretation of sections 14(e)(4)(i)(A) and 14(e)(5) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.

Background:

Section 14(e) of the Basic Provisions states, in relevant part:

Final Agency Determination: FAD-276

Subject: A request dated October 24, 2017, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2016 crop year regarding the interpretation of Section 6(g)(2) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.

Background:

Referenced policy related to the request:

The Basic Provisions state, in relevant part:

1. Definitions. 

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