[Federal Register Volume 59, Number 221 (Thursday, November 17, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-28384]


[[Page Unknown]]

[Federal Register: November 17, 1994]


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DEPARTMENT OF AGRICULTURE
Federal Crop Insurance Corporation

 

Request for Comments--Draft Optional Amendment to the 1995 
Standard Reinsurance Agreement--Catastrophic Risk Protection Plan; 
Additional and Limited Protection Plan

AGENCY: Federal Crop Insurance Corporation, USDA.

ACTION: Notice of draft optional amendment and request for comments.

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SUMMARY: The Federal Crop Insurance Corporation (FCIC) publishes this 
notice to advise all interested parties that a draft Optional Amendment 
to the 1995 Standard Reinsurance Agreement is available for comment by 
the general public and private sector insurance companies. The draft 
Optional Amendment sets forth the terms and conditions under which the 
FCIC will provide premium subsidy, loss adjustment expense, and 
reinsurance for policies covered by catastrophic risk protection and 
subsidy expense reimbursement and reinsurance for policies covered by 
additional and limited protection coverage plans of crop insurance sold 
by approved insurance providers.

DATES: Written comments must be received by November 18, 1994, at the 
address below.

ADDRESSES: Written comments, data, and opinion, on this draft Optional 
Amendment should be sent to Federal Crop Insurance Corporation, Office 
of the Acting Deputy Administrator for Risk Management, 14th & 
Independence Avenue, S.W., Washington, D.C. 20250. Hand or messenger 
delivery may be made to 2101 L Street, N.W., 5th Floor, Washington, 
D.C. 20037. Written comments will be available for public inspection 
and copying in the Office of the Acting Deputy Administrator for Risk 
Management, 2101 L Street, N.W., 5th Floor, Washington, D.C., during 
regular business hours, Monday through Friday.

FOR FURTHER INFORMATION CONTACT:
For further information and a copy of the Draft Optional Amendment to 
the 1995 Standard Reinsurance Agreement, contact David Miller, Acting 
Director, Delivery System Services, Federal Crop Insurance Corporation, 
U.S. Department of Agriculture, Washington, D.C. 20250, telephone (202) 
254-8245.

SUPPLEMENTARY INFORMATION: The Standard Reinsurance Agreement 
establishes the terms and conditions under which FCIC provides premium 
subsidy, expense reimbursement, and reinsurance on multiple peril crop 
insurance policies. The Standard Reinsurance Agreement is a cooperative 
financial assistance agreement between FCIC and private insurance 
companies to deliver the multiple peril crop insurance program under 
the authority of the Federal Crop Insurance Act, as amended (7 U.S.C. 
1501 et seq.).

Notice

    Accordingly, pursuant to the authority contained in the Federal 
Crop Insurance Act, as amended (7 U.S.C. 1501 et seq.), the FCIC 
herewith gives notice of the availability of the draft Optional 
Amendment to the 1995 Standard Reinsurance Agreement for comment. 
Comments must be received by November 18, 1994.

    Authority: 7 U.S.C. 1501, as amended.

    Done in Washington, DC on November 10, 1994.
Kenneth D. Ackerman,
Acting Deputy Administrator, Federal Crop Insurance Corporation.
[FR Doc. 94-28384 Filed 11-16-94; 8:45 am]
BILLING CODE 3410-08-M