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Multi-Peril

MGR-19-008: Flooding 2018 Claims

Background

Record-level flooding has caused catastrophic damage in many counties in Iowa, Kansas, Missouri, and Nebraska. Many insureds in these areas suffered production losses through flooded and/or collapsed grain storage structures. Multiple-peril crop insurance coverage ceases at the end of insurance period, which is the earlier of the date of harvest or the date specified in the actuarial documents. Thus, any damage to or loss of production that occurs while in storage is not covered under the Federal crop insurance program.

MGR-18-017: Multi County Enterprise Unit (MCEU) – 2019 and Succeeding Crop Years

Background

As announced today, Risk Management Agency (RMA) has developed the Multi-County Enterprise Unit (MCEU) Endorsement in response to requests to incorporate small amounts of acreage from one county into an enterprise unit for a contiguous county. The MCEU Endorsement attaches to eligible Common Crop Insurance Policy, Basic Provisions, and Crop Provisions for the insured crop and allows a producer to combine acreage of an insured crop, by irrigation practice, if applicable, in two contiguous counties in the same state into one enterprise unit (EU).

MGR-18-005: Options for Producers Who Purchased a Crop Hail Named Peril Policy from Crop Pro Insurance Services/Guide One Insurance Company

Background

The Risk Management Agency (RMA) has evaluated the current situation related to privately-owned supplemental crop insurance policies referred to as Crop Hail Named Peril (CHNP) policies in the States of Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. CHNP policies were marketed and sold by Crop Pro Insurance Services, Inc. (CropPro), a managing general agency for Guide One Insurance Company (Guide One). CHNP policies are not Federally-reinsured or subsidized policies.