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IS-16-003: Apiculture - User Fee Notification

AgForce USA, Inc. (AgForce), the developers of the Apiculture plan of insurance advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Apiculture plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

IS-16-004: Louisiana Sweet Potato - User Fee Notification

Crop Insurance Systems, Inc. (CIS) the developers of the Louisiana Sweet Potato (Sweet Potato) plan of insurance advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Sweet Potato plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

IS-16-005: Trend Adjusted Actual Production History Endorsement - User Fee Notification

Integrated Financial Analytics and Research, LLP (iFAR) the developers of the Trend Adjusted Actual Production History Endorsement (Trend-APH) advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Trend-APH endorsement and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

PM-16-052: Expansion of the Rainfall Index, Annual Forage Plan of Insurance Effective for 2017 and Succeeding Crop Years

Background

On August 8, 2016, the Federal Crop Insurance Corporation Board of Directors approved the expansion of the Rainfall Index Annual Forage (RI-AF) plan of insurance to all counties in New Mexico. The RI-AF plan is a privately developed product approved under Section 508(h) of the Federal Crop Insurance Act. The RI-AF plan of insurance offers protection for annually planted crops used for feed or fodder under the Rainfall Index Basic Provisions.

Actuarial Release 16-040

As of October 06, 2016 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2017 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

  • 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.
  • 2017 Special Provisions are in the Special_Provisions/2017 directory.

Additional notes and details regarding this data release:

PM-16-051: 2016 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Plan Harvest Prices Announcement

Common Crop Insurance Policy and Area Risk Protection Insurance 1

The 2016 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types, and practices indicated in the following table.

Actuarial Release 16-039

As of October 03, 2016 the following information is now available on the FTP site:

  • 2016 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2016 Actuarial Data Master are in the References/Actuarial_Data_Master/2016 directory.

Additional notes and details regarding this data release:

COM-16-005: Risk Management Agency Supplemental Measures Review

Background

The United States 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, to estimate and report an improper payment rate for the Federal Crop Insurance Program. Further, this Circular requires agencies with high-priority programs to establish annual or semi-annual supplemental measures for reducing improper payments.

COM-16-001.1: Non-Disclosure Statements

Background

The Privacy Act of 1974 (5 U.S.C. § 522a) requires agencies to establish appropriate administrative, technical, and physical safeguards to ensure the security of records and to protect against any anticipated threats or hazards to their security that could result in substantial harm, embarrassment, inconvenience, or unfairness to any individual about whom information is maintained.

Actuarial Release 16-038

As of September 26, 2016 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 9/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.

Additional notes and details regarding this data release:

2017 ADM prices issued for insurance plans 31, 40, and 90 commodities, 9/30 filing.

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