BULLETIN NO.: MGR-97-016 TO: All Reinsured Companies All Risk Management Field Offices FSA Headquarters, Program Delivery and Field Operations FROM: Kenneth D. Ackerman Administrator SUBJECT: Extension of the Sales Closing, Acreage Reporting, and the Cancellation and Termination Dates for 1998 Florida Citrus Fruit Insurance ISSUE: Agents have requested additional time to explain the changes in the Florida citrus fruit crop insurance program to growers. This would require extending the sales closing, acreage reporting, and the cancellation and termination dates for the 1998 crop year. BACKGROUND: Since 1996, concerns have been raised regarding the differences in the final date by which Florida citrus insureds could change their policy coverage. The sales closing date of August 15, and the cancellation and termination dates of April 30, differed and caused discrepancies in service options between carryover and new insureds. Also, the late sales closing date, which occurred in the middle of the hurricane season, created an unacceptable insurance risk. On January 22, 1997, the Risk Management Agency issued a new Florida Citrus Fruit Crop Insurance Policy for the 1998 crop year that consolidated all three dates at April 30. The new policy also changed the maximum deductible, the coverage level, and the rating structure. ACTION: The sales closing, acreage reporting, and cancellation and termination dates for the Florida citrus fruit crop insurance program are extended to May 30, 1997, for the 1998 crop year only.