Agriculture CHERRY (PILOT)
FCIC-25670 (2-2000) 2000 and Succeeding Crop Years
UNITED STATES DEPARTMENT OF AGRICULTURE
WASHINGTON, D.C. 20250
FEDERAL CROP INSURANCE HANDBOOK
DATE: February 16, 2000
CHERRY LOSS ADJUSTMENT
2000 AND SUCCEEDING
OPI: Product Development
THIS HANDBOOK CONTAINS THE OFFICIAL FCIC-APPROVED LOSS ADJUSTMENT
STANDARDS FOR THIS CROP FOR THE 2000 AND SUCCEEDING CROP YEARS. IN
THE ABSENCE OF INDUSTRY-DEVELOPED, FCIC-APPROVED PROCEDURE FOR THIS
CROP FOR THE 2000 AND SUCCEEDING CROP YEARS, ALL REINSURED COMPANIES
WILL UTILIZE THESE STANDARDS FOR BOTH LOSS ADJUSTMENT AND LOSS
SUMMARY OF CHANGES/CONTROL CHART
Major changes. See changes or additions in text which have been redlined. Three stars (***) identify
information that has been removed.
Updated references to the 2000 and succeeding crop years, as applicable.
In section 7 B, item 22 - Acres Appraised: the following text: “Number of determine acres...”
In section 8:
Subsection A (2), procedure for documenting appraisals on separate worksheets.
Subsection A (3), procedure for using pool-closing statements.
Subsection B, item 21 - Adjusted Average Value per Pound procedure for rounding
calculations to three decimal places.
The two example worksheet’s, section II tabulations are totaled on the second worksheet.
CHERRY LOSS ADJUSTMENT STANDARDS HANDBOOK
SUMMARY OF CHANGES/CONTROL CHART (Continued)
In section 9:
Subsection B, Production Worksheet Section I - items H, I, and the Narrative - gleaning
Subsection B, Production Worksheet Section I - item L “Adjusted Potential” procedure for
“0” appraisals and use of allowable cost in appraised value calculations.
Subsection B, Production Worksheet Section II,