Background

The Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement contains acreage limitations designed to avoid moral hazard of a policyholder increasing acreage in anticipation of a hurricane impacting their county. To prevent these actions, HIP-WI limits eligible acreage when a loss is triggered in the county before the acreage reporting date (ARD) plus 14 days to the lesser of: the acreage contained in an intended acreage report submitted by the underlying policy’s sales closing date (SCD); or the actual acreage planted and reported on the acreage report.

Background

The Livestock Gross Margin (LGM) actual gross margins are posted by the Risk Management Agency (RMA) by the end of the first full business week of the months of February, April, June, August, October, and December. Due to the COVID-19 pandemic and its impact on the livestock industry, RMA is expediting the release of actual ending values to allow producers to receive payments faster.

As of April 16, 2020 the following information is now available on the FTP site:

• 2018 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2019 Actuarial Data Master for the 4/30, 6/30, 8/31, 9/30, 11/30 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

In accordance with Section 15 of the ARPI Crop Provisions, Section 14 of the MP Crop Provisions and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2018/2019 crop year will be available by close of business today in the following formats:

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:

Background

The policy provisions of the Whole-Farm Revenue Protection (WFRP) program allow producers and approved insurance providers to request an interpretation of policy or procedure. The provisions relating to requesting an Interpretation of Procedure (IoP) are set forth in section 33(a)(1) of the WFRP policy, which require IoPs to be made in accordance with 7 C.F.R. § 400, subpart X (“subpart X”). 

As of April 10, 2020 the following information is now available on the FTP site:

• 2019 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 4/30, 6/30, 8/31, 9/30, 10/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
• 2021 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

Background

Both the Dairy Revenue Production (DRP) and Livestock Gross Margin for Dairy (LGM-Dairy) programs require dairy producers to market an amount of milk that is proportionate to the amount of insurance coverage they have purchased. This milk must be sold to count towards milk being delivered to the market, or ‘marketed’.

Background

The Risk Management Agency (RMA) issued bulletin MGR-20-006 on March 27, 2020, due to “stay at home” orders issued in response to the COVID-19 pandemic. MGR-20-006 authorized Approved Insurance Providers (AIPs) to accept production reports through the earlier of the acreage reporting date (ARD) or 30 calendar days after the applicable production reporting date (PRD) for 2019 and 2020 crop year policies insured under the Common Crop Insurance Policy, Basic Provisions (BP) with a PRD of March 15, 2020, or later.