Insurance agents will continue to be allowed to participate in talks between farmers and loss adjusters dealing with crop insurance claims under new language in the standard reinsurance agreement (SRA) approved by federal officials.
The new language agreed to by the U.S. Department of Agriculture's Risk Management Agency loosens conflicts of interest language in loss adjusting policies for the federal government's crop insurance program, according to officials of the Independent Insurance Agents of America.
Officials of the Big "I" said the new policy loosens a so-called "gag order" proposed for addition to the SRA language in order to reduce fraud and abuse in the crop insurance program.
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