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Nursery

Actuarial 24-010

As of March 19, 2024 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30, 6/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-24-002: Accommodations for Producers Applying for Nursery Value Select Coverage for the 2025 Crop Year in Newly Expanded Counties

Background

On February 22, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Nursery Value Select (NVS) pilot crop insurance program to all states and counties beginning with the 2025 crop year.

Under NVS, there are two sets of program dates, depending on location:

Actuarial 24-008

As of February 29, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

PM-24-007: Nursery Value Select Expansion for the 2025 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Nursery Value Select (NVS) crop insurance program beginning with the 2025 crop year. In addition, the Crop Provisions are being updated to include small clarifications for consistency with the Basic Provisions.

Action

The NVS Crop Provisions (25-1010) are available on the Risk Management Agency (RMA) website at www.rma.usda.gov.

MGR-23-002

Background

Excessive rainfall has caused catastrophic flooding in the Northeast United States. The Risk Management Agency (RMA) recognizes the need for authorizing emergency procedures to streamline certain determinations, including the destruction of adulterated production, to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.