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Actuarial 17-013

As of April 14, 2017 the following information is now available on the FTP site:

  • 2016 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2018 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

COM-17-001

Background

On November 21, 2016, the Risk Management Agency (RMA) issued COM-16-006. RMA was asked to review the memorandum and revise it to clarify roles and expectations. This Informational Memorandum rescinds and replaces COM-16-006.

A joint investigation by the Office of Inspector General (OIG) and the RMA, Special Investigation Staff (SIS) found instances of program non-compliance relating to agent involvement with loss adjustment activities. This conduct is prohibited, and violates section VI of Appendix I to the Standard Reinsurance Agreement (SRA).

Actuarial 17-012

As of March 30, 2017 the following information is now available on the FTP site:

  • 2016 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2017 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2018 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2018 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

MGR-17-003

Background

Section 11(e) of the Actual Revenue History (ARH) Sweet Cherry Pilot Crop Provisions and section 11(c) of the ARH Tart Cherry for Processing Pilot Crop Provisions, states, “if there is no damage or loss of production but you anticipate a revenue loss, you must give us notice not later than March 1 of the year following harvest.” The Risk Management Agency issued Informational Memorandum PM-17-015: 2016 Crop Year ARH Sweet Cherry and Tart Cherry for Processing Annual Price on March 8th, 2017; therefore, creating the inability for insured producers anticipating a revenue lo

IS-17-006

The Risk Management Agency (RMA) has released the 2018 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2018 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2017. The documents are located on the RMA website at: Reinsurance Agreements. The draft Appendix III that provides standards, procedure and instructions for reporting data to RMA will be issued by May 2017.

Actuarial 17-011

As of March 09, 2017 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2017 Special Provisions for the 11/30 Filing Date

Users can find this information in the following directories:

  • 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.
  • 2017 Special Provisions are in the Special_Provisions/2017 directory.

Additional notes and details regarding this data release:

Actuarial 17-010

As of March 03, 2017 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.

Additional notes and details regarding this data release:

Actuarial 17-009

As of March 01, 2017 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.

Additional notes and details regarding this data release:

IS-17-005

Agrilogic Consulting, LLC (Agrilogic), the developers of the Downed Rice Endorsement (DRE) plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the DRE plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elec to sell the policy.

IS-17-004

Watts and Associates, Inc. (Watts), the developers of the Popcorn Revenue plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Popcorn Revenue plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

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