Commentary and Insights on the Business of Insurance
Damage to vineyards following several years of severe hailstorms in the famed wine-growing region of Burgundy, France, is prompting greater prevention efforts London’s Daily Telegraph reports that producers are protecting their entire grape harvest with a cloud-seeding system—a hi-tech hail shield that is designed to modify storm clouds and suppress hail formation The system works by releasing tiny particles of silver iodide into the clouds where…
How to Protect Your Farm Finances with Crop Insurance
This article first appeared in Lancaster Farming and Delmarva Farmer print newspapers. Be sure to look for it in your print copy! With the recent wet weather we’ve had in the Mid-Atlantic, many far…
What is crop insurance?
Crop insurance in America can trace it roots all the way back to 1880, when private insurance companies first sold policies to protect farmers against the effects of hail storms. These Crop-Hail policies are still sold today by crop insurance companies and are regulated by individual state insurance departments. In 2017, farmers spent $956 million
Crop Insurance Trends: Higher Premium Outlay for Farmers?
Over 85 percent of all farmable acres in the United States are now covered by some form of crop insurance. In 2013, crop insurance protected $6.2 billion of liability on growing Indiana crops. Th…
Drought Taught Some Valuable Crop Insurance Lessons
insurance coverage decision made a $628,492 difference to one farmer. It illustrates the high stakes of insurance decisions. For this enterprise, it made the difference between choosing $5/acre coverage, leading him to a $523,972 loss, and paying $87/acre and profiting by $104,520 This year was a critical one for crop insurance decisions, to put it mildly Last spring, it looked like the U.S. would produce a…
Ag committees host Crop Insurance 101 briefings
The current success of the federal crop insurance program reflects Congressional effort to provide availability and affordability, thus improving
Crop Insurance Claims Break $10 Billion Barrier
Farmers Gear Up for 2012 Planting. Crop insurance’s popularity is high among farmers and lawmakers.
Crop insurance payments burst $10 billion barrier
The ability of U.S. agriculture to sustain more than $10 billion in insured losses and seamlessly finance itself for the 2012 crop season should not be taken for granted.
What farmers need to know about crop insurance & prevented planting
UGA College of Ag Economists outline pertinent information farmers need to know & act on if the spring rains have prevented them from planting their row crops
What You Need To Know About Crop Insurance
For young growers, securing crop insurance can seem like a daunting task with all of the information available.
Why America’s cotton producers need access to affordable crop insurance
The volatility of weather and commodity markets necessitates government assistance with crop insurance premiums so that our nation’s farmers have access to affordable and dependable crop insurance products.
Commodity organizations set crop insurance as top farm bill priority
The statement comes as the House and Senate agriculture committees announced a stepped up committee hearing schedule that may presage an effort to actually begin writing the next four- or five-year farm bill.
Iowa Farmers Talk About What Crop Insurance Means to Them
National Crop Insurance Services has traveled across the country to talk to farmers and agriculture lenders on the ground to learn what crop insurance means to their farms, families, and communities.
What to Know About Crop Insurance, Prevented Planting
Cotton and peanut farmers are typically winding down planting now, but excessive rain this season has delayed their efforts.
ICYMI: Crop Insurance: What a difference four decades make
Agri-Pulse November 4, 2016 For nearly four decades I have worked with Connecticut River Valley farmers to help protect their livelihoods. Over that time, I’ve seen many changes, both in the make-up of farms and the tools farm families have to manage uncontrollable risk. As our population has grown, the amount of available farmland has
Barbre Examines How Crop Insurance Can Help Specialty Growers
Language in the 2018 Farm Bill provides continued support for the federal crop insurance program and also provides guidance to USDA’s Risk Management Agency (RMA) to engage with specialty crop producers to design policies more suited for their unique seasons and challenges.
The Roll Call: How area members of Congress voted last week
WASHINGTON — Here’s a look at how area members of Congress voted over the previous week.
Sen. Grassley Sets Stage for New Farm Bill, Calls Crop Insurance His Top Priority
Iowa Republican Senator Chuck Grassley says his top Farm Bill priority in the 115th Congress is to preserve a vigorous crop insurance program, noting there is no safety net more valuable to farmers and taxpayers. “It not only saves the taxpayers money, because obviously if we didn’t have crop insurance and you had disasters in
Ag Economists Study How Crop Insurance May Affect Input Decisions
New research by agricultural economists at the University of Nebraska–Lincoln challenges some traditional thinking on federal crop insurance.
US Congress Should Pass Law to Protect Women’s and Girls’ Rights Around the World
Last week, Human Rights Watch joined 75 other organizations to support a new bill in the United States House of Representatives seeking to restore funding to the United Nations Population Fund (UNFPA), a key agency promoting women’s and girls’ human rights around the world.