May 19 1999

BULLETIN NO.: MGR-99-016

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

FROM:        Kenneth D. Ackerman     /s/ Ken Ackerman
             Administrator


SUBJECT:     Meeting with SRA Holders

On Monday, June 7, 1999 and Tuesday, June 8, 1999, there will be a meeting of SRA holders in Minneapolis, MN. The meeting will be held at:

Hilton Minneapolis-St. Paul Airport

3800 East 80th Street

Minneapolis, Minnesota

612/854-2100

Briefly, Monday will be an opportunity for your staffs to meet with the Deputy Administrators for Compliance, Research & Development, and Insurance Services. A series of three break-out sessions will be held to facilitate discussions. These sessions will be held three times during the day so that individuals may attend meetings with each of the Deputy Administrators and their staffs. The attached agenda highlights issues that the Deputy Administrators will discuss. SRA holders may also bring up issues of concern.

Tuesday is a meeting of principals of the SRA holders and the Administrator. It is envisioned that the meeting will last approximately 4 hours, excluding lunch. Each day's meetings will begin at 10:00 a.m. Time will be allotted at the end of the day's meetings for those who wish to continue discussions independently.

Attachments

AGENDA

MONDAY, JUNE 7, 1999

Attendees: RMA Deputy Administrators and senior staff

Representatives of SRA holders

Purpose: To discuss operational issues and specific actions underway within RMA

10:00 Call to Order and Introductions (Prchal)

10:30 1st Round of Break-out Sessions

12:00 - 1:00 Lunch

1:00 - 2:30 2nd Round of Break-out Sessions

3:00 - 4:30 3rd Round of Break-out Sessions

Informal discussions

RMA Issues to Discuss:

Compliance:

BPR Implementation

Manual 14 Reviews

Planning and Open Cases (e.g., watermelon)

Insurance Services:

Conflict of Interest

Risk Management Education

Account Executive Roles & Responsibilities

MPCI Accounting update (review of efforts with NAIC)

Research & Development:

Actuarial & Rating Issues

2000 Crop Year Update

2001 Crop Year Update

AGENDA

TUESDAY, JUNE 8, 1999

Attendees: SRA Principals and RMA senior executives and FFAS representative

Focus: to discuss broad policy concerns

10:00 CALL TO ORDER AND INTRODUCTIONS

10:15 ADMINISTRATOR'S CONCERNS AND DISCUSSION

A. Current Status of Legislative Proposals

B. Status of CRC

C. Civil Rights (Bill Buchanan)

D. Report on the Compliance BPR

E. OIG report - RMA concerns

F. Update on 1999 priorities

G. New Products & Operational strategy

12:00 LUNCH (ON OWN)

1:00 INDUSTRY CONCERNS AND DISCUSSION

SRA holders may raise any issues of concern

3:00 ADJOURN, INFORMAL DISCUSSIONS