General Administrative Regulations; Reinsurance Agreement Standards for Approval

الملخص

The Federal Crop Insurance Corporation (``FCIC'') hereby amends its General Administrative Regulations, effective for the 1997 and succeeding reinsurance years, by revising the general qualifications for being awarded a Standard Reinsurance Agreement. The intended effect of this rule is to provide additional information and amended procedures so that FCIC can more accurately identify those insurance companies experiencing a significant weakening in financial conditions.