• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Arrigo Risk Consulting

  • Home
  • About Us
  • Our Services
    • Mediation
    • Consulting
    • Expert Testimony
  • Blog
  • Resources
  • Contact Us

Mobile Menu

Recent Comments

    Crop Insurance News and Analysis – August 28, 2020 – Hurricane Insurance Protection – Wind Index Endorsement

    September 2, 2020 By //  by Kim Arrigo

    On August 28, 2020, the Risk Management Agency (RMA) released a number of documents related to the Hurricane Insurance Protection – Wind Index Endorsement, including Product Management Bulletin: PM-20-061, the Hurricane Insurance Protection – Wind Index Endorsement, the Hurricane Insurance Protection – Wind Index Handbook, and the 21-Hurricane Data Provisions. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/PM-20-061, https://www.rma.usda.gov/-/media/RMAweb/Policies/Hurricane-Insurance-Wind-Index/2021/Hurricane-Insurance-Protection-Wind-Index-Endorsement-21-HIP-WI.ashx, https://www.rma.usda.gov/-/media/RMAweb/Handbooks/Underwriting—24000/Hurricane-Insurance-Protection—Wind-Index/2021-24360-Hurricane-Insurance-Protection—Wind-Index-Handbook.ashx, https://www.rma.usda.gov/-/media/RMAweb/Policies/Hurricane-Insurance-Wind-Index/2021/Hurricane-Insurance-Protection-Wind-Index-Endorsement-21-HIP-WI/Hurricane-Data-Provisions.ashx.

    RMA states that these policy materials will apply to the Hurricane Insurance Protection – Wind Index Endorsement for crops with a August 31, 2020, contract change date and that approved insurance providers must notify producers of these changes at least 30 days prior to the cancellation date.

    ANALYSYS – The Hurricane Insurance Protection – Wind Index Endorsement was approved by the Federal Crop Insurance Board of Directors on November 15, 2019. in PM-20-061, RMA states that it continues to be available for the 2021 crop year. On February 27, 2020, RMA published the Hurricane Insurance Protection – Wind Index Endorsement. It is not clear whether the Hurricane Insurance Protection – Wind Index Endorsement published on August 28, 2020 is the same as the Hurricane Insurance Protection – Wind Index Endorsement published on February 27, 2020. In PM-20-061, RMA refers to changes that must be provided to producers 30 days before the cancellation date but no actual changes are references. Further, when changes are made to a policy, RMA usually includes a summary of changes with the policy when it is published. The August 28, 2020 Hurricane Insurance Protection – Wind Index Endorsement did not include any summary of changes. Without going line-by-line, it is impossible to determine what, if any, changes have been made to the Hurricane Insurance Protection – Wind Index Endorsement published on February 27, 2020.

    All statements made are opinions of the author and are not intended to provide legal opinions or legal advice.

    Filed Under: Blog

    Previous Post: « Crop Insurance News and Analysis – August 27, 2020 – Rainfall and Vegetative Index Modifications
    Next Post: Crop Insurance News and Analysis – August 28, 2020 – California Citrus Tree »

    Primary Sidebar

    Recent Posts

    • Crop Insurance News and Analysis – October 23, 2020 – Final Agency Determination FAD-300, Section 6(d)(1) of the Common Crop Insurance Policy Basic Provisions
    • Crop Insurance News and Analysis – October 15, 2020 – Updated Nursery Crop Insurance Recordkeeping Frequently Asked Questions
    • Crop Insurance News and Analysis – October 13, 2020 – Commodity Exchange Price Provisions – Peanuts
    • Crop Insurance News and Analysis – September 30- October 6, 2020 – 2021 Hurricane Insurance Protection – Wind Index
    • Crop Insurance News and Analysis – September 25, 2020 – Enhanced Coverage Option

    Archives

    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019

    Footer

    CONTACT INFORMATION

    Arrigo Risk Consulting PLLC
    136 W. Dares Beach Rd. #115
    Prince Frederick, MD 20678

    CONTACT US

    PRACTICE AREAS

    • Mediation
    • Consulting
    • Expert Testimony
    • About Us
    • Our Services
      • Mediation
      • Consulting
      • Expert Testimony
    • Blog
    • Resources
    • Contact Us

    Copyright © 2025