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News Bulletins

• See pages 19-22 (click here)

• Dr. Downey Materials (click here for PDF)

FEDERAL CROP INSURANCE REBATING
The RMA, along with State insurance departments, has launched an initiative aimed at increased enforcement of insurance rebating prohibitions. The initiative comes in response to the growing number of recent complaints and allegations of illegal rebates tied to Federal crop insurance purchases. Simply click on the attachments below to read the letters.

USDA RMA MEMO TO FSA OFFICES

Illinois MPCI Agent Enforcement Bulletin

Federal Letter

Managers Bulletin

www.rma.usda.gov/news/2007/12/1217rebating.html

State Letter

www.naic.org


Originally organized in 1928...

The Independent Farm Insurance Agents of Illinois work to promote the common interests of the independent farm insurance agents of Illinois by improving the business conditions for the members and offering educational programs covering topics of common interest to the membership. The organization also works to establish and encourage communication among the members on all matters related to the farm insurance industry.

JAY JOHNSON STIPULATION AND CONSENT ORDER
We have received a copy of the Stipulation and Consent Order from the State of Illinois Department of Financial Regulation Division of Insurance concerning Federal Crop Insurance. Jay Johnson is associated with Johnson Grain of Waverly, Illinois. Simply click on the above to read the order.  

First Farm Credit Patronage Program
We still have no firm news to report on the First Farm Credit hearing concerning the denial of their "Patronage Program." Final arguments were presented to the hearing officer in mid-September with a final disposition expected at any time. We will work to keep our members informed of upcoming details concerning this item and hope to have the final results to present to you soon.

You're independent but not alone!

Just because you're independent, doesn't mean you need to stand alone. No one knows your business like the Independent Farm Insurance Agents of Illinois (IFIAI). We're here to help agents like you - through representation, education and networking.

Stronger Business.
Every day, the IFIAI helps enhance the working environment for Illinois' Independent farm insurance agents and the companies who support them. We work to:

• Promote the common interests of Illinois' independent farm insurance agents
• Represent members on legislative issues
• Assist agents with legal complaints via the Legal Advocacy Fund
• Support agents' continuing education through timely, useful programs
• Encourage communication among members on industry issues
• Team up with the Independent Insurance Agents of Illinois to address issues of mutual concern