ProAg is prepared for what looks to be an imminent government shutdown on October 1, 2023. While no guidance from the USDA Risk Management Agency (RMA) has been communicated about procedures that might be implemented at this time, we have been preparing for all scenarios based on experience with similar events in 2013 and 2018. In the event of a government shutdown, ProAg is committed to conducting business as usual under the shutdown constraints.
ProAg is committed to our agency partners and the customers they serve. ProAg stands by the American farmers and ranchers through every season, bringing the confidence needed to grow operations and navigate challenges such as these. With the financial strength that comes from being a part of the TMHCC group of companies, we will continue to process business, adjust and pay claims along with all other contractual obligations as seamlessly as possible. While our nation weathers this economic storm, with our solid and secure financial backing, we are positioned as a financially strong and well-capitalized insurer, as shown by the A++ (Superior) ranking from A.M. Best Company, Inc.
As the situation unfolds, we will continue to inform you through our agency partners and ProAg.com. We understand the uncertainty and will do everything we can to keep our agents and customers unaffected by this government shutdown.
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