FEDERAL CROP INSURANCE CORPORATION

By SovConn | October 25, 2015

Federal Crop Insurance Corporation.A federally chartered corporation that protects farmers

against financial losses from crop failure due to adverse weather conditions, insect infestation,

plant disease, floods, fires, and earthquakes by encouraging the sale of insurance through licensed

agents and brokers and by reinsuring private companies that issue insurance under brand names. •

Created by the Agricultural Adjustment Act of 1938, the Corporation operates under the general

supervision of the Secretary of Agriculture. — Abbr. FCIC.[Blacks Law 8th]