Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
2023 Appendix III - Standard Reinsurance Agreement and Livestock Price Reinsurance Agreement
The 2023 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III will be available tomorrow electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/Policy-and-Procedure/Appendix-III-M13-Handbook-Index under the Appendix III/M-13 directory.
Modifications in the 2023 Appendix III include the following crop insurance program changes:
- Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) changes:
- Added new premium and indemnity records to the Policy Acceptance and Storage System (PASS)
- Modified the P09, P10, P10B, P14, and P55 to include LGM and LRP
- Added P107 exhibit to provide AIPs with a list of geospatial data layers and a brief description
- Appendix III narrative changes that included the following:
- Added language regarding policy transfers
- Added the P107 Geospatial Data Sources to the list of Exhibits
- Removed all references to the Electronic Data Acceptance System
- Updated the language to incorporate LGM and LRP being processed in PASS
Questions or comments regarding Appendix III content can be submitted using “comments” in the subject line to appendixiii.comments@usda.gov. DISPOSAL DATE: December 31, 2022