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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:
Hurricane Ian has caused catastrophic damage in Florida, North Carolina, South Carolina, and Virginia. The Risk Management Agency (RMA), in conjunction with Approved Insurance Providers (AIPs), recognizes the need for authorizing emergency procedures to streamline determinations on specific crops and accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.
The Federal Crop Insurance Corporation Board of Directors, under section 508(h) of the Federal Crop Insurance Act, approved modifications to the Texas Citrus Tree Insurance Program on August 15, 2018, including:
