BULLETIN NO.: MGR-96-068

TO:       All Reinsured Companies
          All Risk Management Field Offices
          All Other Interested Parties

FROM:     Kenneth D. Ackerman
          Acting Administrator

SUBJECT:  Crop Revenue Coverage (CRC) Expansion and Revenue Assurance 
          Alternative Products of Insurance


On Tuesday, December 3, 1996, the Federal Crop Insurance Corporation (FCIC) 
Board of Directors (Board) reviewed and conditionally approved the following 
alternative products of insurance:

     Alternative Product                Submitted by

     Revenue Assurance                  Farm Bureau Mutual Insurance Company

     New Crop Revenue Coverage Programs Redland Insurance Company
          Cotton, Grain Sorghum, and
          Spring Wheat

On December 4 and 5, 1996, information relative to the above stated 
alternative products of insurance was released via fax to many insurance 
providers and other interested parties through a non-government source.  The 
information contained in these faxes in no way constitute the "official" 
release of CRC and Revenue Assurance by FCIC and may not represent the actual
programs as approved by the Board.  Therefore, none of the information 
provided may be used for FCIC purposes until the conditions outlined by the 
Board have been met.  Once these conditions are met, FCIC will file a notice 
of availability of these products in the Federal Register and will provide 
the necessary documents on the Reporting Organization Server for insurance 
provider access and use.  Until such time as the conditions outlined by the 
Board are met, the Cotton, Grain Sorghum, and Spring Wheat Crop Revenue 
Coverage Programs and the Revenue Assurance alternative product of insurance 
are not available for use by insurance providers.

Should you have further questions regarding the CRC or Revenue Assurance 
alternative products of insurance, you may contact Michelle Fuller of the 
Reinsurance Services Division at (202) 720-6356.