PM-23-008: Hurricane Insurance Protection-Wind Index (HIP-WI) Changes Effective for the 2023 and Succeeding Crop Years for Crops with a HIP-WI Sales Closing Date of November 1, 2022, or Later
Background
When provided in the actuarial documents, the Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement is available for both Catastrophic (CAT) and additional coverage for Common Crop Insurance Policy Basic Provisions policies.
The following changes are applicable for the 2023 and succeeding crop years: