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The Federal Crop Insurance Corporation Board of Directors approved changes to the Sweet Potato crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on September 20, 2019.
The following changes are applicable for the 2020 and succeeding crop years:
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2020 crop year having an August 31 to October 31 contract change date. The following attachment, 2020 Expansion of Existing Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.
Approved Insurance Providers should advise producers of the expanded county crop programs for the 2020 crop year.
2020 EXPANSION OF EXISTING CROPS PROGRAMS
Crop Insurance Systems, Inc. (CIS) the developers of the Louisiana Sweet Potato (Sweet Potato) plan of insurance advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Sweet Potato 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.
