Common Crop Insurance Policy & Area Risk Protection Insurance

The 2019 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion.

Background

Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

Background

The Risk Management Agency (RMA) modified the Regional Office Exceptions (ROE) system to store documents and other information for nursery catalogs, eliminating the need to use the Legacy SharePoint site for catalog submissions.

For the 2019 and subsequent Reinsurance Years (RY), Approved Insurance Providers (AIPs) will submit all nursery catalogs through the ROE system using the existing R35 lite method described in the 2019 Appendix III to the Standard Reinsurance Agreement.

Background

The Federal Crop Insurance Corporation (FCIC) finalized the General and Administrative Regulation, Subpart X - Interpretations of Statutory Provisions, Policy Provisions, and Procedures, to incorporate interpretations of procedures previously issued and administered in accordance with Manager’s Bulletin MGR–05–018, and to provide a mechanism for interpretations of policy provisions that are not codified in the Code of Federal Regulations.

Background

The Risk Management Agency (RMA) revised the Sugar Beet Crop Provisions to incorporate changes made in the Final Rule published in the Federal Register on September 10, 2018. The Sugar Beet Underwriting procedures and Loss Adjustment Standards Handbook are effective for the 2019 and succeeding crop years in states with a November 30 contract change date, and for the 2020 and succeeding crop years in all other states. The intended effect of the underwriting and loss procedures is to reflect changes in the revised Sugar Beet Crop Provisions.

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2019 and 2020 crop year. The following attachments, 2019 Expansion of Existing Perennial and Spring Crops Programs and 2020 Expansion of Existing Perennial Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2019 and 2020 crop year.

Attachments

As of February 01, 2019 the following information is now available on the FTP site:

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

Users can find this information in the following directories:

• 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.

Additional notes and details regarding this data release:

2019 Prices and volatilities are updated, reference PM-19-008, 11/30 filing.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The Risk Management Agency (RMA) has revised the Florida Fruit Tree Crop Provisions to clarify definitions and unit structures, adjust the period when insurance attaches, and remove restrictions on written agreements.” The Florida Fruit Tree Crop Provisions (2020-0014) are effective for the 2020 and succeeding crop years.

Action

RMA will place, by close of business today, the Florida Fruit Tree Crop Provisions for the 2020 crop year on the RMA website at www.rma.usda.gov/.