Catastrophic Risk Protection (CAT) Administraive Fee to Increase
The 2009 Catastrophic Risk Protection (CAT) administrative fee for crop insurance has been increased to $300 per crop per county. This change will take effect beginning with the 2009 crop year for existing and new crop insurance policies for all commodities grown nationwide that are covered by this type of insurance. This increase in producer premium payments came about due to regulation changes in the 2008 Farm Bill.