Federal Crop Insurance Corporation definition

Federal Crop Insurance Corporation or "FCIC" means the wholly-owned government corporation within the USDA created by Section 503 of the Act (7 U.S.C. 1503) and authorized to carry out all actions and programs authorized by the Act.
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Federal Crop Insurance Corporation means the wholly-owned government corporation established by and under authority of the Federal Crop Insurance Act and administered by the RMA within USDA.
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Examples of Federal Crop Insurance Corporation in a sentence

  • For purposes of this paragraph, "premium" means direct written and unaffiliated assumed premium, including international direct and assumed premium but excluding premiums reinsured with the Federal Crop Insurance Corporation within the United States Department of Agriculture, Risk Management Agency and with the National Flood Insurance Program within the United States Department of Homeland Security, Federal Emergency Management Agency.

  • Federal Crop Insurance Corporation will offer an Agency Sales and Service Contract (the Contract) to private enti- ties meeting the requirements set forth in this subpart under which the Cor- poration will insure producers of agri- cultural commodities.

  • Federal Crop Insurance Corporation will offer Standard Reinsurance Agree- ments to eligible Companies under which the Corporation will reinsure policies which the Companies issue to producers of agricultural commodities.

  • SRA”) obligates us, [INSERT COMPANY NAME], to covenant not to sue the Federal Crop Insurance Corporation, Risk Management Agency, United States Department of Agriculture, or any officer, agent, or director thereof (collectively, “FCIC”) in any judicial or administrative proceeding, or not to assist any third party that has instituted or filed any such proceeding, challenging the legality of the terms and conditions of the SRA Section III(a).

  • Insurance policies available under the Federal crop insurance program are sold and serviced by private insurance companies (hereafter called AIPs) reinsured by Federal Crop Insurance Corporation (FCIC).

  • Applicants who willfully and intentionally provide false or inaccurate information to the Federal Crop Insurance Corporation (FCIC) or to an approved insurance provider with respect to a policy or plan of FCIC insurance, after notice and an opportunity for a hearing on the record, will be subject to one or more of the sanctions described in Section 515(h)(3) of FCIA.

  • The Risk Management Agency (RMA), on behalf of the Federal Crop Insurance Corporation (FCIC), is committed to meeting the risk management needs and improving or developing risk management tools for the nation’s farmers and ranchers.

  • The Secretary shall ensure that all current information of the Federal Crop Insurance Corporation and the Farm Service Agency is combined, reconciled, redefined, and refor- matted in such a manner so that the agencies can use the common information management system developed under this subsection.

  • To provide instructions and information for reporting reinsured company data to the Risk Management Agency (Federal Crop Insurance Corporation) hereinafter referred to as FCIC.

  • This insurance policy is reinsured by the Federal Crop Insurance Corporation (FCIC) under the provisions of the Federal Crop Insurance Act, (7 U.S.C. 1501 et seq.) (Act).

Related to Federal Crop Insurance Corporation

  • Health care corporation means a health care corporation incorporated under the nonprofit health care corporation reform act, 1980 PA 350, MCL 550.1101 to 550.1704.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Insurance Commissioner means the Insurance Commissioner

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;

  • Service corporation means a corporation organized under ss. 180.1903 to 180.1921.

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Savings association means a Fed- eral savings and loan association or a Federal savings bank chartered under section 5 of the Home Owners’ Loan Act, a building and loan, savings and loan or homestead association or a co- operative bank (other than a coopera- tive bank described in 12 U.S.C. 1813(a)(2)) the deposits of which are in- sured by the Federal Deposit Insurance Corporation, and any corporation (other than a bank) the deposits of which are insured by the Federal De- posit Insurance Corporation that the Office of the Comptroller of the Cur- rency and the Federal Deposit Insur- ance Corporation jointly determine to be operating in substantially the same manner as a savings association, and shall include any savings bank or any cooperative bank which is deemed by the Office of the Comptroller of the Currency to be a savings association under 12 U.S.C. 1467a(1).

  • Health carrier or "carrier" means a disability insurer

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Foreign nonprofit corporation means an entity:

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Captive insurance company means any pure captive insurance company, association captive

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Health care insurer means a disability insurer, group

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Sponsored captive insurance company means a captive insurance company:

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Credit unemployment insurance means insurance:

  • Health insurance issuer means an insurance company, or insurance organization (including a health