On July 16, 2019, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-021, which provides guidance to approved insurance providers (AIPs) to conduct Agriculture Risk Protection Act (ARPA) list review standards. RMA states that it annually develops a list of crop insurance agents and loss adjusters with anomalous claims experience relative to their peers in …
Crop Insurance News and Analysis – July 12, 2019 – Additional Time for Acreage Reports
On July 19, 2019, the Risk Management Agency (RMA) issued a Managers Bulletin MGR-19-020, which provides additional time for acreage reporting in Louisiana due to Tropical Storm Barry. RMA states that due to previous flooding and excess moisture this spring and oncoming Tropical Storm Barry have increased the likelihood that producers will be dealing with …
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Crop Insurance News and Analysis – July 10, 2019
On July 10, 2019, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-019 and a Press Release, which provides additional time for acreage reporting for areas impacted by flooding and excessive precipitation. RMA states that due to these severe conditions, it had received requests to allow additional time to submit acreage reports for spring seeded …
Crop Insurance News and Analysis – July 8, 2019
On July 8, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-018 regarding an emergency process for 2019 crop year processing tomato contract price. According to RMA, market conditions have delayed negotiations between processors and producers. Losses cannot be paid because the policy requires producers to have a processor contract that contains the final contract …
Crop Insurance News and Analysis – July 1, 2019
On July 1, 2019, the Risk Management Agency issued a news release entitled “Multi-Peril Crop Insurance Change Impact Insurability of Summer Fallow Wheat for the 2020 Crop Year.” In that news release, RMA stated that the fire emergency identified the need to develop an exception for the summer fallow practice when conservation requirements make it …
Crop Insurance News and Analysis – June 28, 2019
The Risk Management Agency (RMA) issued Manager’s Bulletin MGR-19-017 and a Fact Sheet regarding added flexibility for when cover crops must be terminated while remaining eligible for crop insurance. The Farm Service Agency (FSA), Natural Resources Conservation Services (NRCS), and RMA developed new NRCS Cover Crop Termination Guidelines (Guidelines) that maximize conservation benefits and increase …
Crop Insurance News and Analysis – June 28, 2019
June 28, 2019 was an full day for the Risk Management Agency (RMA). In addition to numerous handbooks that were updated and released, RMA published a rule that revised the Common Crop Insurance Policy Basic Provisions (Basic Provisions), Area Risk Protection Insurance (ARPI) policy, and Catastrophic Risk Protection (CAT) Endorsement. Many of the changes were …
Crop Insurance News and Analysis – June 20, 2019
The Risk Management Agency (RMA) issued Managers Bulletin MGR-19-015 that offers prevented planting cover crop relief. The basis for the relief is the unprecedented amount of prevented planting claims, the need for animal feed, and the flexibility around the use of cover crops planted on prevented planting acreage has made haying, grazing, and cutting for …