PM-18-012
Additional Price Elections:
In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2018 SCD.
In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2018 SCD.
Hurricane Harvey has caused catastrophic damage in many counties in Texas and Louisiana. The Risk Management Agency (RMA), in conjunction with Approved Insurance Providers (AIPs), recognize the need for authorizing emergency loss adjustment procedures that will streamline certain loss determinations on specific crops to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.
On October 4, 2012, the Risk Management Agency (RMA) issued MGR-12-003.1 regarding the Arbitration Filing Process for Section 20(a) of the Common Crop Insurance Policy Basic Provisions.
Since issuance of MGR-12-003.1, various new crop insurance programs have been implemented such as Whole Farm Revenue Protection, and Pasture, Rangeland, Forage. Questions have been raised regarding whether MGR-12-003.1 applies to these new insurance programs.
The Risk Management Agency (RMA) has identified isolated instances where agents have been submitting notices of loss for policies they have written, without prior notification from the policyholder. This practice violates the Federal Crop Insurance Corporation (FCIC) policy provisions and procedure, and the policyholder’s rights under the terms and conditions of the policy.
Changes have been made to the Sugarcane Actual Production History (APH) plan of insurance for the 2017 crop year as approved on June 3, 2016, by the Federal Crop Insurance Corporation Board of Directors (Board). The approved changes are applicable to the Sugarcane policy and will be implemented via Special Provisions of Insurance and are listed below:
The Risk Management Agency (RMA) has revised the Catastrophic Risk Protection Endorsement, the Area Risk Protection Insurance Regulations, and the Common Crop Insurance Regulations Basic Provisions to incorporate changes made in the 2014 Farm Bill Final Rule published in the Federal Register on June 30, 2016.
The Common Crop Insurance Policy Basic Provisions also includes changes that were made in the Double Cropping Final Rule with Request for Comments published in the Federal Register on June 22, 2016.
The Common Crop Insurance Policy, Basic Provisions (CCIP) section 6 and Area Risk Protection Insurance Policy (ARPI) section 8 require the insured to provide “the land identifier for the crop acreage (e.g., legal description, FSA farm serial number or common land unit (CLU) number if provided to you by Farm Service Agency (FSA), etc.) as required on our form.”
The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.
The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:
In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2016 SCD.
The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, and along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.
The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections: