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Actuarial Release 24-020

As of June 25, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

  • 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory. 

Additional notes and details regarding this data release:

COM-24-005: Compliance Activities and Results System (CARS) Upgrade

Background

The Department of Agriculture (USDA), Risk Management Agency (RMA) is upgrading the CARS application to the Microsoft Dynamic 365 platform. The upgrade is scheduled to be completed July 8, 2024.

Action

As a follow up to COM-24-003 sent April 16, 2024, all AIP members needing access to CARS after the upgrade is complete must submit a new 586F form only listing CARS 365 access on the form and establish a Login.gov account.

COM-24-004: 2025 LPRA Appendix IV Review Requirements Matrix and Conflict of Interest Review Clarification

Background

The Livestock Price Reinsurance Agreement (LPRA) requires Approved Insurance Providers (AIPs) conduct Conflict of Interest (COI) reviews. Livestock price insurance contracts were included in the Fall 2020 COI list but were removed from the Spring 2021 COI list. COM-20-008, issued on December 8, 2020, instructed AIPs to conduct livestock price insurance contract COI reviews in accordance with LPRA Appendix IV, Section III(b)(3)(A) beginning with reinsurance year (RY) 2021 insurance intervals of March.

Actuarial Release 24-019

As of June 13, 2024 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

MGR-24-003.1: Amended - Notice to Cease and Desist Agent/Agency Contract Terminations

Background

On March 15, 2024, the Risk Management Agency (RMA) issued MGR-24-003, Notice to Cease and Desist Agent/Agency Contract Terminations, requiring that Approved Insurance Providers (AIPs) cease and desist any cancellation of agent contracts until RMA completed its review of the information requested in the bulletin. RMA became aware that some AIPs were decreasing their federal crop insurance business in specific crops, plans of insurance, and geographic areas by terminating agent/agency contracts and decreasing their compensation to transfer the business to another AIP.

Actuarial Release 24-018

As of June 05, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

PM-24-033: California Prune Counties – 2024 Crop Year Prune Reference Date and Average Dry Count per Pound

Background

This Bulletin establishes the 2024 crop year Prune Reference Date. In addition, it provides Approved Insurance Providers with the average dry prune count per pound for calculating second-period immature prune appraisals.

Each year the Davis Regional Office (DRO) establishes the Prune Reference Date. This date occurs one to two weeks after prune pit tip hardening when 80 to 90 percent of the seed shows the presence of endosperm, a clear jelly-like substance at the bloom end of the seed.

PM-24-031: 2023 Crop Year Supplemental Coverage Option Final Area Yields for Barley, Canola, Dry Peas, Grass Seed, Oats, Potatoes, Wheat; 2023 Crop Year Supplemental Coverage Option Final Area Yields for Barley, Canola, Dry Peas, Grass Seed, Oats, and

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2023 crop year will be available by close of business May 15, 2024, in the following formats:

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