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Weaned Calf

COM-25-002 Updated Livestock Price Reinsurance Agreement Appendix IV $200,000 Indemnity Review Requirements for RY 2026

BACKGROUND:

Approved Insurance Providers (AIPs) are required to conduct reviews of eligible livestock price insurance contracts (ELPIC) on livestock plans of insurance (Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), Dairy Revenue Protection (DRP), and Weaned Calf Risk Protection (WCRP)). These reviews (Data Mining, Individual Policy, Conflict of Interest, and $200,000 Indemnity ($200K)) are intended to address suspected anomalies, program integrity concerns, or to ensure that a company’s internal control processes are operational and effective.

Actuarial Release 25-002 - Actuarial Information Available

As of January 16, 2025 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 4/30, 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 4/30, 6/30, 10/31, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

PM-24-081 Weaned Calf Risk Protection Crop Insurance Changes Effective for the 2025 and Succeeding Crop Years

BACKGROUND:

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved changes to the Weaned Calf Risk Protection crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on August 22, 2024.

The following changes are applicable for the 2025 and succeeding crop years:

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Actuarial Release–24-018

As of June 05, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

IS-24-001

The Risk Management Agency (RMA) has released the 2025 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2025 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2024. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements.

Revisions have been made to the 2025 LPRA Agreement for the addition of Weaned Calf Risk Protection and to the 2025 SRA and LPRA Appendix II: