Reports: Interest in Crop Insurance for Specialty and Organic Crops Grows as Options Expand
News Release
Actuarial Release 22-001
As of January 05, 2022 the following information is now available on the FTP site:
- 2022 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories:
- 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.
Additional notes and details regarding this data release:
PM-22-001: New Post-Application Coverage Endorsement (PACE) Effective for the 2022 and Succeeding Crop Years
Background
On August 25, 2021, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved the implementation of PACE, under section 508(h) of the Federal Crop Insurance Act. PACE will be available beginning with the 2022 crop year for selected counties in Illinois, Indiana, Iowa, Kansas, Minnesota, Michigan, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin for non-irrigated corn with a sales closing date of March 15, 2022, or later.
Actuarial Release 21-049
As of December 21, 2021 the following information is now available on the FTP site:
- 2022 Actuarial Data Master for the 1/31 Filing Date, YTD, and Daily Files.
- 2022 Special Provisions for the 1/31 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 21-048
As of December 17, 2021 the following information is now available on the FTP site:
- 2021 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
- 2022 Actuarial Data Master for the 6/30, 8/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories:
PM-21-075: 2021 Crop Year Rainfall Index August – September Index Interval Final Grid Indices for Annual Forage, Apiculture, and Pasture, Rangeland, Forage; 2021 Crop Year Rainfall Index March – September Catastrophic (CAT) Index Interval Final Grid...
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:
Final Agency Determination: FAD-308
Subject: Request dated September 22, 2021, submitted to the Risk Management Agency (RMA) for a final agency determination of section 10(b)(2) of the Common Crop Insurance Policy (CCIP) Basic Provisions, published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, Subpart X.
References:
The CCIP Basic Provisions provisions, as applicable are:
1. Definitions.
Final Agency Determination: FAD-307
Subject: Two requests dated September 22, 2021, and September 27, 2021, submitted to the Risk Management Agency (RMA) for a final agency determination of section 37(c) of the Common Crop Insurance (CCIP) Basic Provisions, published at 7 C.F.R. §457.8. These requests are pursuant to 7 C.F.R. § 400, Subpart X.
References:
The relevant policy provisions and handbook procedures are:
The CCIP Basic Provisions:
1. Definitions.
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Final Agency Determination: FAD-306
Subject: A joint request dated September 20, 2021, submitted to the Risk Management Agency (RMA) for a final agency determination of section 3(f)(3) of the 2020 Common Crop Insurance Policy (CCIP) Basic Provisions, published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, Subpart X.
References:
The 2020 CCIP Basic Provisions provisions, as applicable are:
3. Insurance Guarantees, Coverage Levels, and Prices
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