Common use of Information Sensitivity Clause in Contracts

Information Sensitivity. β€Œ The RMA Crop Insurance System contains the applications for all RMA mission essential functions and ancillary operations in support of the Federal Crop Insurance Act, 7 USC 1501 et seq., Chapter 36. Approved Insurance Providers (AIP) provide data to RMA that is collected from Insurance Agents and Loss Adjusters, to include; Name, Address, Phone number, SSN, EIN number, eAuth ID/Name, and Farm IDs. This data is being collected to determine the eligibility of producers, agents and loss adjusters for the Federal Crop Insurance Program, to detail the amount and types of claims to be processed and/or paid by the RMA on behalf of the FCIC, and to track certain actuarial trends and data to determine viability of current and future insurance products. Certain data is also utilized as the basis for determining expense reimbursement and gain sharing between RMA and approved insurance providers. See The Federal Crop Insurance Act (FCIA) section 506(m) Submission of Certain Information. Other purposes include sharing with Farm Services Agency (FSA) when used as a basis for eligibility and payment calculations for disaster programs.

Appears in 7 contracts

Samples: www.rma.usda.gov, www.rma.usda.gov, www.rma.usda.gov

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