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TeachMeFinance.com - explain Federal Crop Insurance Corporation (FCIC) Federal Crop Insurance Corporation (FCIC) The term 'Federal Crop Insurance Corporation (FCIC) ' as it applies to the area of agriculture can be defined as ' The wholly owned federal corporation within USDA that administers the federal crop insurance program. The FAIR Act of 1996 created an Office Of Risk Management (which USDA has renamed the Risk Management Agency), which houses the FCIC'. Previous 5 Terms: fecalith Fed cattle Federal Agricultural Mortgage Corporation Federal Agriculture Improvement and Reform Act of 1996 (FAIR) Federal coal lease Next 5 Terms: Federal Crop Insurance Reform Act of 1994 Federal electric utility Federal Emergency Management Agency (FEMA) Federal Energy Regulatory Commission (FERC) Federal Farm Credit Banks Funding Corporation (FFCBFC) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.