Secretary Perdue Appoints Texas Producer to FCIC Board of Directors
The FCIC Board oversees the federal crop insurance program, managed by the
"The FCIC Board plays an important role in ensuring farmers and ranchers have access to crop insurance products that meet their needs," said
The Federal Crop Insurance Act requires that non-USDA Board members represent core groups involved in managing farm risk. This includes four producers, at least one of whom is a specialty crop producer; one individual involved in insurance (often an agent); and one individual knowledgeable about reinsurance or regulation. The act also requires that the four producer Board members come from diverse geographic areas and represent a cross-section of agricultural commodities.
Full biographies for the FCIC Board members are available on the RMA website.: https://www.rma.usda.gov/fcic/
FCIC promotes the economic stability of agriculture through a sound system of crop insurance and by providing the means for research and experience helpful in developing such insurance. Management is vested in the FCIC Board subject to the general supervision of the Secretary of
Agriculture. The FCIC Board is responsible for maintaining and creating new programs for risk management and risk mitigation in agriculture.
Federal crop insurance is key to the farm safety net. It provides farm producers and owners various methods to mitigate production and revenue risks and helps to maintain a durable rural economy. For more information, visit www.rma.usda.gov.
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