BFR Definition Changes for WFRP – 2019 and Succeeding Crop Years
RMA released Managers Bulletin MGR-19-004 on March 12, 2019 altering the definition of Beginning Farmer or Rancher (BFR) for purposes of the Whole-Farm Revenue Protection (WFRP) plan of insurance for the 2019 and succeeding policy years.
Action
The following definition of BFR applies to all WFRP policyholders or new policyholders…
Multi County Enterprise Unit (MCEU) – 2019 and Succeeding Crop Years
As announced in RMA Bulletin No.: MGR-18-017, the Risk Management Agency (RMA) has developed the Multi-County Enterprise Unit (MCEU) Endorsement in response to requests to incorporate small amounts of acreage from one county into an enterprise unit for a contiguous county.
Overview
The MCEU Endorsement allows an insured to…
Introducing Variable Interval Product
We are excited to announce the launch of Hudson Crop product, Variable Interval Product (VIP™)!
VIP is a supplemental crop insurance policy that provides the potential for a higher revenue protection guarantee than the base coverage established on the underlying Revenue Protection or Area Revenue Protection plan of insurance. Producers…
Dairy Revenue Ready!
Hudson Crop agents can now key Dairy Revenue Protection (DRP) growers and coverages! Endorsements are not able to be keyed until RMA rates are released.
In order to key DRP in eHarvest, agents must have attended a 3-hour training session, passed the DRP competency test and completed a Conflict of Interest…
NEW: Dairy Revenue Protection Training
Dairy Revenue Protection (DRP) is approved for sale in all 50 states. Daily sales will begin on Tuesday, October 9, 2018, with the first available coverage starting the first quarter of 2019.
We will be offering 3-hour Dairy Revenue Protection (DRP) training sessions throughout the year. This course is required…
Annual Livestock Update Training
We will be offering our 3-hour Livestock Update training sessions throughout the month of June. This course is required for all experienced agents wanting to write livestock policies for the 2019 Reinsurance Year.
The Livestock Price Reinsurance Agreement (LRPA) requires all experienced agents to complete three hours of update training…
Organic Farming Practices
New to Organic Farming Practices? Click here to learn how crop insurance plays a role in your Organic Farming operation.
Irrigated Practice Guidelines: Updates and Reminders
Guidelines have been provided by FCIC to enable insureds to properly report planted or perennial acreage insured under an irrigated practice consistent with their crop insurance policy. These guidelines are to be utilized to document whether, at the time insurance attaches, there is a reasonable expectation of receiving adequate…
