INFORMATIONAL MEMORANDUM: IS–14-006
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
March 28, 2014
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Heather Manzano, Acting Deputy Administrator for Insurance Service /s/ Heather Manzano 3/28/2014
Subject:
2015 Standard Reinsurance Agreement Plan of Operation Submission Extension
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On February 12, 2014, the Risk Management Agency (RMA) issued Informational Memorandum: IS-14-002, which released the 2015 Standard Reinsurance Agreement (SRA) documentation. The Agricultural Act of 2014 (Farm Bill), signed into law on February 7, 2014, created changes to the federal crop insurance program for the 2015 reinsurance year.
Section IV.(f)(2)(A) of the SRA states that the complete Plan of Operations (Plan) shall be submitted to RMA by April 1, unless otherwise authorized. RMA expects the Plan submission by April 1, 2014, but will consider revisions submitted by May 19, 2014. The extension is to provide additional time for the Approved Insurance Providers to consider the Farm Bill impact in their 2015 Plan documentation submission.
Please direct any questions to David Miller at 202-720-9830.