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Hurricane Insurance Protection-Wind Index

Acronym
HIP-WI

PM-20-051: Hurricane Insurance Protection – Wind Index (HIP-WI) End Of Insurance Extension Option

Background

The Federal Crop Insurance Corporation Board of Directors approved the HIP-WI Endorsement, on November 15, 2019, and approved the End of Insurance Extension Option on June 23, 2020. The option is available for the 2020 crop year for apples, blueberries, grapes, and peaches.

MGR-20-011: Relief for Initial Year of Hurricane Insurance Protection-Wind Index (HIP-WI)

Background

The Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement contains acreage limitations designed to avoid moral hazard of a policyholder increasing acreage in anticipation of a hurricane impacting their county. To prevent these actions, HIP-WI limits eligible acreage when a loss is triggered in the county before the acreage reporting date (ARD) plus 14 days to the lesser of: the acreage contained in an intended acreage report submitted by the underlying policy’s sales closing date (SCD); or the actual acreage planted and reported on the acreage report.

Actuarial Release 20-014

As of March 25, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 9/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
  • 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

Actuarial Release 20-010

As of February 27, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30, 6/30, 8/31, 9/30, 10/31, 11/30, 12/31, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.

Additional notes and details regarding this data release:

PM-20-014: Hurricane Insurance Protection – Wind Index (HIP-WI)

Background

On November 15, 2019, the Federal Crop Insurance Corporation Board of Directors approved the Hurricane Insurance Protection – Wind Index (HIP-WI) Endorsement. It is available for the 2020 crop year for both Catastrophic (CAT) and additional coverage for Common Crop Insurance Policy Basic Provisions policies, when provided in the actuarial documents, in counties located in the vicinity of the Gulf of Mexico and the Atlantic Ocean, as well as Hawaii.

Actuarial Release 20-008

As of February 19, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:I am

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
  • 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release: