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Actuarial Release 24-030

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

  • 2025 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

PM-24-049: Fire Insurance Protection - Smoke Index (FIP-SI) Endorsement Effective for the 2025 and Succeeding Crop Years

Background

On May 23, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved the Fire Insurance Protection - Smoke Index (FIP-SI) Endorsement. It is available beginning with the 2025 crop year as additional coverage for the Common Crop Insurance Policy, Basic Provisions and the Actual Production History Grape Crop Provisions in counties located in California. The coverage provided by this Endorsement may be combined with the Supplemental Coverage Option (SCO) Endorsement or the Catastrophic Risk Protection Endorsement (CAT).

Actuarial Release-24-029

As of August 09, 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:

Actuarial Release-24-028

As of August 01, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30 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:

PM-24-047: 2024 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of July 1, 2024, through July 31, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by August 5, 2024:

Actuarial Release-24-027

As of July 31, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 8/31, 10/31, 11/30, 1/31 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-19-001.1: Updated Livestock Price Reinsurance Agreement (LPRA) Appendix IV $200,000 Indemnity Review Requirements for RY 2025

Background

Per LPRA Appendix IV, AIPs shall identify and conduct an inspection on any eligible livestock price insurance contract (ELPIC) with an indemnity of $200,000 or more.1 On April 12, 2019, RMA issued COM-19-001 to address the $200,000 Indemnity Review ($200K Review) requirements for aggregating losses by endorsement or insurance period for the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP) plans of insurance.

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