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Livestock Gross Margin Cattle

COM-19-001.1

Background

Per LPRA Appendix IV, AIPs shall identify and conduct an inspection on any eligible livestock price insurance contract (ELPIC) with an indemnity of $200,000 or more.1 On April 12, 2019, RMA issued COM-19-001 to address the $200,000 Indemnity Review ($200K Review) requirements for aggregating losses by endorsement or insurance period for the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP) plans of insurance.

Actuarial Release–24-021

Background

As of June 26, 2024 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 4/30, 6/30 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 4/30, 6/30 Filing Date.

Users can find this information in the following directories:

PM-24-028

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2025 and succeeding crop years:

Livestock Risk Protection changes include:

Actuarial 24-005

As of February 07, 2024 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30, 11/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

Actuarial 23-016

As of April 28, 2023 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2022 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

Actuarial 23-013

As of April 04, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

  • 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.
  • 2024 Special Provisions are in the Special_Provisions/2024 directory.

Additional notes and details regarding this data release:

Actuarial 22-020

As of April 29, 2022 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2023 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

Actuarial 22-017

As of April 07, 2022 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2023 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

  • 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.
  • 2023 Special Provisions are in the Special_Provisions/2023 directory.

Additional notes and details regarding this data release:

COM-21-003

Background

Appendix IV, section III(b)(1) of the Standard Reinsurance Agreement (SRA) and the Livestock Price Reinsurance Agreement (LPRA) requires Approved Insurance Providers (AIPs) to conduct data mining reviews.

This is clarification on the required Quality Control (QC) Type Codes that shall be submitted by review type.