Crop Insurance Today Second Quarter 2019 - 43

implementing and administering federal crop
insurance that went beyond loss adjustment issues (handled by the MPCIPPLA Committee)
and data processing requirements (dealt with
by the TIP Committee). The U&O Committee
came into its own during the implementation of
the 2014 Farm Bill. Since then, U&O has played
a major role working with RMA and the AIPs attempting to ensure that new, as well as existing,
policies and procedures are operating smoothly
and efficiently.
As mentioned above, some of the standing
committees review recommendations brought
forward from a Regional/State Committee. NCIS
has 18 R/S committees that are comprised of
claims and marketing supervisors from members
companies. These individuals are the "eyes and
ears on the ground" for the industry, determining
if policy and procedure are working as intended.
Not only does the NCIS Committee structure
have value for the members and the industry, this
structure also provides a valuable service to both
state and federal regulators. For the state-regulated line of crop insurance, commonly referred
to as Crop-Hail insurance, NCIS serves as the
industry licensed Statistical Agent and Advisory
Organization on behalf of its members. As such,
NCIS files Crop-Hail policy form language and
actuarial loss statistics with each respective state
insurance department. Policy form filings provide for standardization of coverage across the
industry, which ultimately benefits the farmer
purchasing Crop-Hail insurance, and, in addition, reduces the cost of individual member
companies in the development of Crop-Hail coverages. With respect to actuarial filings, the NCIS
actuarial database represents the aggregation of
individual company data that allows companies
to promulgate credible premium rates. It also
enables state insurance departments an adequate
industry benchmark for evaluating the adequacy
and reliability of individual company filings.
With respect to federally regulated crop insurance, NCIS Standing Committees provide a
focal point for RMA to interact directly with its
industry delivery partners. The benefits of these
interactions and communication was evidenced
by the successful implementation of the 2014
Farm Bill. These efforts continue as we implement the provisions of the 2018 Farm Bill.
Admittedly, I do not attend, and I am not able
to participate in every meeting of each group, but
I do get around to most of our Standing Committee meetings and attempt to keep up with the

The roots of NCIS can be traced back to the early 1900s when companies
who were selling crop insurance policies realized the need to collect hail
insurance experience, including the frequency and severity of hail events.
The Western Hail and Adjustment Association was formed in 1915, and by
the mid-1920s, companies were reporting liability, premiums and losses by
crop, by type of policy, and by township to the organization. In 1932, these
companies had collected enough data to begin an organized approach to
actuarial determination of rates and in 1947, the Crop Hail Insurance and
Actuarial Association (CHIAA) was formed. At the same time, companies were
also establishing loss adjustment processes, which resulted in standardized loss
adjustment forms and procedures. After the formation of CHIAA, the "parent"
organization, the Western Hail and Adjustment Association was renamed
Hail Insurance Adjustment and Research Association, and later National Crop
Insurance Association (NCIA). This organization continued its focus on loss
adjustment processes, as well as agronomic research programs conducted at
universities around the country. In 1989, NCIA and CHIAA merged to form what
is today National Crop Insurance Services (NCIS). As a membership organization
committed to the improvement of the crop insurance industry in order to better
serve the risk management needs of the American farmer and rancher.
myriad of issues that our industry faces. As we
often say in our office, we "get" to spend a lot of
time "in the weeds" working through all the operational details required to make sure crop insurance remains the successful centerpiece of the
farm safety net that it is today.
So, in SUMmary,...(please excuse the poor
pun), there are many moving parts in the crop
insurance industry and NCIS. Crop insurance
is a big business and a vital component of the
farm safety net. The various business and functional areas of crop insurance range from agronomic research used in the development of crop
loss adjusting procedures to the application of
new IT systems through the use of mapping
software to help farmers better identify their
individual risks and purchase the appropriate
type and level of crop insurance coverage for
their farms. Summing all these individual components results in a WHOLE industry focused
on serving the risk management needs of the
American farmer. None of this could be accomplished without the support of the NCIS member companies. We wish to express our sincere
appreciation to all those who serve on the various committees and the Board of Directors.
Your participation in these activities is invaluable to the success of NCIS and the industry.

Another Moving Part...
This Issue

This issue of TODAY contains the annual
Year in Review article that highlights the good
and not so good of what happened in the weather, markets, insurance, and other aspects of agriculture in 2018. It may be a bit daunting when
you first look at the length of the piece, but you
will find it chock full of great information that
quickly becomes a historical document you will
want to hang on to.
We highlight the winners of the 2019 Industry
Awards that were presented at the Crop Insurance Industry Annual Convention in February.
Thank you to Larry, Bob, Jim, and Chris for your
tireless work and support of this great industry.
NCIS had two individuals retire earlier this
year; both making significant contributions to
NCIS and the industry. Jim Crist spent the last 37
years of his career as the NCIS CFO and Dave Hall
spent the last 20 years of his career helping to ensure that crop insurance products and procedures
worked well for farmers and the industry alike.
Both of these gentlemen left big shoes to fill, but
we are working hard to ensure that their job responsibilities are met by others in the organization.
We hope that you all enjoy reading the latest
issue and we wish you a very happy summer!
CROPINSURANCE TODAY®

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