INFORMATIONAL MEMORANDUM

TO:        All Reinsured Companies

FROM:      Kenneth D. Ackerman
           Acting Administrator

SUBJECT:   Compliance With MGR-96-068



Federal Crop Insurance Corporation (FCIC) has received allegations that 
unauthorized public offerings of Crop Revenue Coverage (CRC) expansion and 
Revenue Assurance by some insurance providers have been made using electronic 
and print media.  All persons or companies doing so should stop immediately.  
Companies have an obligation to inform their agents that such action
is inappropriate and to take steps to stop it where necessary.

The FCIC Board of Directors is considering possible coverage in these program 
areas.  Those deliberations are not complete.  Neither program has received 
final approval by the Board.  

MGR-96-068 addressed the status of the Board's deliberations and the limitations 
that status placed on the use of information relative to these alternative 
products.  MGR-96-068 has not been withdrawn or modified.  MGR-96-068 remains 
in force.

The FCIC Board of Directors is charged with the management of the Corporation 
in Section 503 of the Act.  That charge includes the review and approval of 
program changes or additions, and their subsequent offering under the Standard 
Reinsurance Agreement (SRA).  Until there are final decisions by the Board 
providing for public offerings by companies reinsured under the SRA, any
company making such an offer is in violation of the SRA.  Such offerings would 
not meet the definition of an "Eligible contract" (Section I. Definitions) for 
lack of FCIC (Board) approval.  

When the Board completes its action in these program areas prompt notice will 
be provided to you.