Nursery

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:

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.

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

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.

Background

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.