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MGR-19-008: Flooding 2018 Claims

Background

Record-level flooding has caused catastrophic damage in many counties in Iowa, Kansas, Missouri, and Nebraska. Many insureds in these areas suffered production losses through flooded and/or collapsed grain storage structures. Multiple-peril crop insurance coverage ceases at the end of insurance period, which is the earlier of the date of harvest or the date specified in the actuarial documents. Thus, any damage to or loss of production that occurs while in storage is not covered under the Federal crop insurance program.

Actuarial 19-015

As of April 25, 2019 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30 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:

MGR-19-007: Stacked Income Protection Plan (STAX) Reporting and Eligibility for the 2019 Crop Year with respect to Supplemental Coverage Option (SCO) and Agriculture Risk Coverage (ARC)/Price loss Coverage (PLC)

Background

The Agriculture Improvement Act of 2018 (2018 Farm Bill) allows producers to make an election of ARC or PLC for each Farm Number in 2019, which will cover the 2019 and 2020 crop years. Enrollment in ARC or PLC will occur after this election. Election or enrollment dates will not begin until after acreage reporting date for cotton producers.

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Actuarial 19-014

As of April 22, 2019 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 4/30 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:

PM 19-024: Expansion and Modifications to Head Limits for the Livestock Risk Protection for Feeder Cattle, Fed Cattle, and Swine plans of insurance

Background

The Federal Crop Insurance Corporation's (FCIC) Board of Directors (Board) approved revisions of the Livestock Risk Protection for Feeder Cattle, Fed Cattle, and Swine plans of insurance on May 24, 2018. The revisions were requested by Applied Analytics Group, the owners of the LRP plans of insurance. The Board approved the following revisions for the 2020 crop year starting July 1st:

PM 19-023: Expansion and Modifications to Head Limits for the Livestock Gross Margin for Feeder Cattle, Dairy, and Swine plans of insurance

Background

The Federal Crop Insurance Corporation's (FCIC) Board of Directors (Board) approved revisions of the Livestock Gross Margin (LGM) for Cattle, Dairy Cattle, and Swine plans of insurance on March 27, 2019, submitted under Section 523(b) of the Federal Crop Insurance Act.

The revisions include removing the following program limitations for the 2020 crop year starting July 1, 2019:

Final Agency Determination: FAD-287

Subject: Two requests dated December 27, 2018, and July 25, 2019, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2016 crop year regarding the interpretation of section 21 of the Common Crop Insurance Policy Basic Provisions (Basic Provisions) published at 7 C.F.R. § 457.8. This request is pursuant to section 506(s) of the Federal Crop Insurance Act and 7 C.F.R. § 400, subpart X.

Background:

Referenced policy related to the request:

Actuarial 19-013

As of April 16, 2019 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
  • 2018 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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