MGR-17-018
Background
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.
MGR-17-017
Background
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2018 crop year. The following attachment, 2018 Expansion of Existing Spring Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.
Action
Approved Insurance Providers should advise agents and in turn producers of the expanded county crop programs for the 2018 crop year to allow producers the opportunity to purchase crop insurance.
IS-12-006
The Risk Management Agency has identified situations where plant prices listed on sales receipts are substantially lower than plant prices listed in the policyholder’s nursery
catalog or price list. According to section 6(e)(1) of the Nursery Crop Insurance Provisions, the insurable price for each plant is the lower of the Plant Price Schedule
price or the lowest wholesale price in the policyholder’s nursery catalog or price list submitted in accordance with section 6(k).
6. PIVR
IS-11-006
Section III(a)(4)(E) of the Standard Reinsurance Agreement (SRA) states:
If FCIC discovers that the Company, its MGA, or affiliate has paid compensation in excess of the amounts allowed in subparagraphs (B) or (C), the Company will be subject to any sanction described in this Agreement or applicable regulations. Any scheme or device to circumvent the limitations in subparagraphs (B) or (C) will be considered a violation of this Agreement.