Skip to main content

COM-20-008: Conflict of Interest Reviews

Background

Appendix IV, section III(b)(3)(A) of the Standard Reinsurance Agreement (SRA) and the Livestock Price Reinsurance Agreement (LPRA) requires Approved Insurance Providers (AIPs) to conduct Conflict of Interest (COI) reviews. In accordance with the Guidance for Updating the SRA Appendix IV Review Matrix, AIPs are to conduct COI reviews on ECICs provided by FCIC on the COI report in AIP HyDRA. Livestock price insurance contracts will be included in the Fall 2020 COI list, but will be removed from the Spring 2021 COI list.

PM-20-089: 2020 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

The 2020 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, practices, sales closing dates and states indicated in the following table.

PM-20-087: Hemp Actual Production History (APH) Insurance Program Changes Effective for the 2021 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation Board of Directors approved modifications to the Hemp APH Insurance Program, under section 508(h) of the Federal Crop Insurance Act, on August 20, 2020.

The following changes are applicable for the 2021 and succeeding crop years:

PM-20-086: Area Risk Protection Insurance Basic Provisions, Common Crop Insurance Policy Basic Provisions, Sunflower Seed Crop Provisions, and Dry Pea Crop Provisions Changes Effective for the 2021 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) revised the Area Risk Protection Insurance (ARPI) Basic Provisions, Common Crop Insurance Policy (CCIP) Basic Provisions, Sunflower Seed Crop Provisions, and Dry Pea Crop Provisions for the 2021 and succeeding crop years for crops with a contract change date on or after November 30, 2020, and for all other crops, the changes are applicable for the 2022 and succeeding crop years. The changes include:

ARPI Basic Provisions:

Subscribe to