Background

Many state and local governments have issued “stay at home” orders in response to the COVID-19. Concerns have been expressed about the requirement to pay crop insurance premiums timely to avoid accrual of interest.

Section 24 of the Common Crop Insurance Policy, Basic Provision (BP) states that interest will accrue starting the first day of the month, following issuance of the notice of premium due by the Approved Insurance Provider (AIP), provided that a minimum of 30 days has passed from the premium billing date.

Background

Many state and local governments have issued “stay at home” orders in response to the COVID-19 pandemic, which may preclude agents from meeting with policyholders or potential policyholders to obtain signatures associated with various reporting requirements, written agreements, and the purchase of new coverage or adjustments to current policy elections. In the absence of “stay at home” orders, agents may be unable to meet in-person with policyholders and potential policyholders due to concerns of spreading COVID-19.

Background

Many state and local governments have issued “stay at home” orders in response to the COVID-19 pandemic, which may preclude agents from meeting with policyholders to obtain their production reports and associated signature required for production reporting. In the absence of “stay at home” orders, agents and policyholders may be unable to meet in person due to concerns of spreading COVID-19.

As of March 25, 2020 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 9/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

Background

On November 15, 2019, the Federal Crop Insurance Corporation's Board of Directors (Board) approved revisions to the Dairy Revenue protection (DRP) plan of insurance, under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2021 and succeeding crop years: