IDEAS home Printed from https://ideas.repec.org/p/ags/midasp/11721.html
   My bibliography  Save this paper

Adjusted Gross Revenue Pilot Insurance Program: Rating Procedure (Report Prepared For The Risk Management Agency Board Of Directors)

Author

Listed:
  • Black, J. Roy

Abstract

The focus of this paper is on outlining the procedures used to estimate the premium rates for the Adjusted Gross Revenue (AGR) insurance plan. The AGR rating procedures draw substantially on rating procedures used in products currently reinsured and subsidized by Risk Management Agency/USDA (RMA); thus, the principal focus here is on those features that are a specific to AGR. The outline, briefly, the procedures used in rating existing products to set the stage for describing AGR rating procedures. The focus of AGR is on farms whose principal revenue streams are from NAP crops as contrasted to farms whose crops can be insured under a plan reinsured and subsidized by RMA; however, the procedures must recognize and take advantage of the fact that crops with APH plan insurance may also appear in the farm plans. Since the number of NAP crops is very large and since the information available differ substantially from crop to crop, the procedures draw on a wide range of information sources.

Suggested Citation

  • Black, J. Roy, 2000. "Adjusted Gross Revenue Pilot Insurance Program: Rating Procedure (Report Prepared For The Risk Management Agency Board Of Directors)," Staff Paper Series 11721, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:11721
    DOI: 10.22004/ag.econ.11721
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/11721/files/sp00-51.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.11721?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Risk and Uncertainty;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:midasp:11721. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/damsuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.