Background

On August 20, 2020, the Federal Crop Insurance Corporation Board of Directors approved the implementation of the ECO, under section 508(h) of the Federal Crop Insurance Act. ECO will be available for the 2021 crop year for select crops with a contract change date of November 30, 2020 or later. ECO provides area-based coverage for a portion of the policyholder’s underlying policy deductible like the Supplemental Coverage Option (SCO).

As of November 17, 2020 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 6/30, 10/31, 11/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.

Additional notes and details regarding this data release:

In accordance Section 8 of the HIP-WI Endorsement and the Hurricane Data Provisions, approved counties will have an updated payment flag and triggering event date available by close of business today in the following formats:

Background

During a 2020 Pasture, Rangeland, Forage Program Review, Compliance identified several instances where the point of reference (POR) was not accurately reported. Compliance specifically found policies where:

As of November 02, 2020 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.

Additional notes and details regarding this data release:

Background

This Informational Memorandum is being issued to alert all interested parties of a change in address. The Southern Regional Compliance Office (SRCO) located at 1111 West Mockingbird Lane, Suite 280 in Dallas, TX has moved.

Action

Effective immediately, please submit all correspondence for the SRCO to the following address:

United States Department of Agriculture
Risk Management Agency
Southern Regional Compliance Office
525 S Griffin Street, Suite 926
Dallas, TX 75202

Background

The 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. RMA recently completed its field review of policies for the 2018 reporting period and is currently reviewing policies for the 2019 reporting period.

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