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Actuarial Release 15-002

As of January 12, 2015 the following information is now available on the FTP site:

  • 2015 Actuarial Data Master for the 10/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2015 Actuarial Data Master are in the References/Actuarial_Data_Master/2015 directory.

Additional notes and details regarding this data release:

2015 ADM Price populated for additional price elections on California (APH) stonefruit, reference PM-15-002, 10/31 filing.

Actuarial Release 15-001

As of January 09, 2015 the following information is now available on the FTP site:

  • 2014 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files
  • 2015 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files

Users can find this information in the following directories:

IS-14-008: 2015 Reinsurance Year (RY) Determined Yield Requests

Background

The Risk Management Agency (RMA) continues to update its data processing systems under the Information Technology Modernization (ITM) project. RMA replaced the use of the Extranet Pilot SharePoint site with a Regional Office Exceptions (ROE) system for submitting crop year 2014 Requests for Actuarial Change forms. Beginning with the 2015 crop year, ROE is expanding to include RMA Regional Office (RO) Determined Yield requests. As a result, the Extranet Pilot SharePoint site will no longer be used to submit these requests.

IS-14-006: 2015 Standard Reinsurance Agreement Plan of Operation Submission Extension

On February 12, 2014, the Risk Management Agency (RMA) issued Informational Memorandum: IS-14-002, which released the 2015 Standard Reinsurance Agreement (SRA) documentation. The Agricultural Act of 2014 (Farm Bill), signed into law on February 7, 2014, created changes to the federal crop insurance program for the 2015 reinsurance year.

IS-14-005: Blueberry Perennial Crop Pre-Acceptance Inspection Report (PAIR) Extension - Springfield

Background

On August 13, 2013, the Risk Management Agency (RMA) Springfield Regional Office (RO) issued Underwriting Guidelines granting Approved Insurance Providers (AIPs) an extension of the PAIR deadline. These guidelines not only extended the deadline for receipt of PAIRs, but also the deadline for receipt of PAIRs when required for RO Determined Yields. The submission dates were extended to 60 calendar days after the Production Reporting Date (PRD), i.e., March 16, 2014.

IS-14-003: Rebating Prohibition

Background

Section 508(a)(9) of the Federal Crop Insurance Act (Act) states:

(9) PREMIUM ADJUSTMENTS.—

(A) PROHIBITION.—Except as provided in subparagraph (B), no person shall pay, allow, or give, or offer to pay, allow, or give, directly or indirectly, either as an inducement to procure insurance or after insurance has been procured, any rebate, discount, abatement, credit, or reduction of the premium named in an insurance policy or any other valuable consideration or inducement not specified in the policy.

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