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Nursery

Actuarial Release 20-011

As of February 28, 2020 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2020 Actuarial Data Master for the 6/30, 11/30, 1/31, 2/28 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 11/30, 1/31, 2/28 Filing Date.

Users can find this information in the following directories:

Actuarial Release 20-008

As of February 19, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:I am

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
  • 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

PM-20-010: Nursery Value Select Program Materials Effective for the 2021 and Succeeding Crop Years

Background

On November 15, 2019, Nursery Value Select (NVS) was approved for implementation by the Federal Crop Insurance Corporation Board of Directors. The Risk Management Agency (RMA) developed NVS to make nursery crop insurance more attractive and effective for producers nationwide, along with incorporating feedback from stakeholders on the current program’s shortcomings. This new pilot will provide producers with another risk management option that is more customizable to their specific insurance needs with less paperwork and fewer restrictions.

Actuarial Release 19-044

As of December 20, 2019 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2020 Actuarial Data Master for the 4/30, 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

PM-19-048: Whole-Farm Revenue Protection (WFRP) Pilot Plan of Insurance Modifications for the 2020 and Subsequent Policy Years

Background

The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, includes language in Section 11122 to improve effectiveness of WFRP. Per the Farm Bill, the Risk Management Agency (RMA) held several stakeholder meetings with agents, producers, and grower groups to solicit recommendations to increase flexibility and effectiveness of the program. As a result of these meetings, RMA presented several changes to the Federal Crop Insurance Corporation Board of Directors (FCIC Board).

IS-19-001: Nursery Catalog Submissions for the 2019 and Subsequent Reinsurance Years

Background

The Risk Management Agency (RMA) modified the Regional Office Exceptions (ROE) system to store documents and other information for nursery catalogs, eliminating the need to use the Legacy SharePoint site for catalog submissions.

For the 2019 and subsequent Reinsurance Years (RY), Approved Insurance Providers (AIPs) will submit all nursery catalogs through the ROE system using the existing R35 lite method described in the 2019 Appendix III to the Standard Reinsurance Agreement.