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Product Management Bulletin-PM-19-068

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
Hybrid Seed Rice Crop Provisions Changes Effective for the 2020 Crop Year

The Federal Crop Insurance Corporation (FCIC) revised the Hybrid Seed Rice Crop Provisions to remove the definition of “adjusted yield” and clarify definitions for “amount of insurance per acre” and “county yield.”

The changes are applicable for the 2020 and succeeding crop years.

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Hybrid Seed Rice Crop Provisions (20-0080)
  • Hybrid Seed Rice Loss Adjustment Standards Handbook (FCIC 20280L)
  • Hybrid Seed Rice Crop Insurance Standards Handbook (FCIC 20280U)

Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy. DISPOSAL DATE: December 31, 2019