Crop Insurance Pilot Programs
March 22nd, 2007 by David Graves
The Agricultural Risk Protection Act of 2000 (ARPA) was signed into law in June 2000. This legislation changed the process by which RMA develops and maintains pilot programs. Section 131 of the Act prohibits the Federal Crop Insurance Corporation (FCIC) from conducting research and development for any new policies, and requires that new product development be accomplished through contracts or partnerships. The legislation also allows grower organizations and other groups to develop new policies at their own expense and request reimbursement from FCIC after products are approved.