Skip to main content

Rainfall Index

MGR-24-007 Emergency Procedures for Crops and/or Livestock Damaged by Hurricane Milton

BACKGROUND

Hurricane Milton caused catastrophic damage in Florida. The Risk Management Agency (RMA) recognizes the need for authorizing emergency procedures to streamline certain determinations to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.

PM-24-055 Rainfall Index – Pasture, Rangeland, Forage Hawaii and Rainfall Index Basic Provisions Changes Effective for the 2025 and Succeeding Crop Years

BACKGROUND:

On February 22, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved the Pasture, Rangeland, Forage (PRF) Hawaii pilot insurance program under section 1523 of the Federal Crop Insurance Act. This Rainfall Index (RI) pilot is like the PRF program that currently exists in the contiguous 48 states; however, there are some distinct differences due to the diverse geography and climate found in the state of Hawaii. Features of the program effective for 2025 and succeeding crop years include:

Actuarial Release 24-033

As of August 27, 2024 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 8/31, 10/31 Filing Date.

Users can find this information in the following directories:

  • 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.
  • 2025 Special Provisions are in the Special_Provisions/2025 directory.

Additional notes and details regarding this data release:

PM–24-036

Background

In accordance with Section 8 of the Rainfall and Vegetation Index Plan Common Policy Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

OA-20-006

Background

The Risk Management Agency (RMA) issued Informational Memorandum OA-20-004 requesting comments for the contracted evaluation of the Pasture, Rangeland Forage (PRF) Rainfall Index Crop Insurance Program Indexing and Rating Methodology. The primary purpose of the contract was to conduct a comprehensive review of the product design and the County Base Values to determine if the program is an effective risk management tool for livestock producers.