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 …