Friday, September 22, 2006

Risk Management Deja Vu

A couple of different pieces on Risk Management (Federal Crop Insurance Corporation) that brought a smile to my face:

From an interview by Jim Wiesemeyer of the head of RMA:

Where is RMA at regarding reconciling reporting dates between FSA and Federal Crop Insurance?

Gould: "We've already made some progress on that front. That came from one of our informal listening sessions with groups of agents. I started taking a look at it and about half of the dates already were similar, which was a little different than I was aware of being a farmer from the Midwest. Also, on another 25 percent of the dates, either RMA or FSA were willing or able to change. That only leaves 25 percent, and that will take more time."

[Why the smile--this was a big issue 10 and more years ago. Progress takes time.]


A February article on Agweb discussed several items on crop insurance, including trying to get yields right and find abuses, including use of a spot check list (farmers who got crop insurance indemnities multiple years in a row). [Why the smile--one of my first jobs on the program side was to run a similar function for ASCS disaster payments, way back in 1979. Takes a while for ideas to migrate from one agency to another, or for the wheel to be reinvented.]

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