Crop Ins. Agents Up In Arms

Washington

The Independent Insurance Agents & Brokers of America is urging agents to contact members of Congress and urge them to challenge a decision by the government agency that overseas the Federal Crop Insurance Program to refuse to negotiate terms of the Standard Reinsurance Agreement with trade associations.

The Risk Management Agency “has always negotiated the SRA with the industry as a group rather than with individual companies,” the Alexandria, Va.-based IIABA said in an “Action Alert” to its members. “As a result of RMAs refusal to negotiate, we now must call on Congress to intervene on our behalf.”

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