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Actuarial Release-24-026

As of July 26, 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-24-025

As of July 17, 2024 the following information is now available on the FTP site:

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

Users can find this information in the following directories:

  • 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.

Additional notes and details regarding this data release:

MGR-24-004: 2025 Crop Year County Fall Crop Program Expansion

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2025 crop year having a June 30 contract change date. The following attachment, 2025 Expansion of Existing Fall Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2025 crop year.

DISPOSAL DATE:
December 31, 2024.

MGR-24-003.2: 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. On June 3, 2024, RMA issued MGR-24-003.1, wherein it lifted the cease-and-desist requirement of MGR-24-003.

Final Agency Determination: FAD-322

Subject: Two requests dated April 23, 2024, and May 3, 2024, submitted to the Risk Management Agency (RMA) for a final agency determination (FAD) for the 2021 crop year of section 12(d) of the Common Crop Insurance Policy, Basic Provisions, published at 7 C.F.R. §457.8. This request is pursuant to 7 C.F.R. §400, Subpart X.

Reference:

The relevant policy provisions are:

The 2020 Common Crop Insurance Policy (CCIP), Basic Provisions state, in relevant part:

1. Definitions

*****

PM-24-043: 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 June 1, 2024, through June 30, 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 July 3, 2024:

PM-24-042: Margin Protection Changes Effective for the 2025 and Succeeding Crop Years

Background

The Risk Management Agency (RMA) is revising the Margin Protection (MP) Provisions to clarify how first, and second crop rules apply to MP. Terminology in the Provisions are also being updated to be consistent with other area plans.

Action

The following documents will be available by close of business today on the Risk Management Agency (RMA) website at www.rma.usda.gov.

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