crop insurance News

$35M in Crops Lost to Flooding in Arkansas, Study Says

A University of Arkansas study finds flooding that began in late June will lead to millions of dollars in lost crop value for Arkansas farmers. Farmers in 10 Arkansas counties are expected to lose more than $35 million in crop …

Iowa Farmers Face Damage After Floods, Some May Replant

Area farmers are dealing with damage to their crops and fences after all the recent heavy rain and flooding. Farmers in northwest Iowa, southeast South Dakota and northeast Nebraska face significant work ahead because of the flooding on the Big …

Philippines Expands Crop Insurance After Typhoon Haiyan

The aftermath of Typhoon Haiyan in the Philippines has added urgency to finding a solution to a longstanding problem: less than 10 percent of farmers have crop insurance, and while its advantages are widely understood, few can afford it. Raymundo …

Ceres Report Highlights Rising Taxes Due to Climate Change

A new Ceres report documents rising taxpayer costs to federal programs that provide flood insurance, crop insurance, wildfire protection and disaster relief. Some extreme weather-prone states such as Florida and Texas are also facing more acute financial exposure. The report, …

Crop Insurance Critics Make Last Push to Curb U.S. Subsidies

Critics of the U.S. crop insurance program are calling for cuts to it and other agribusiness subsidies as Congress revamps farm policy. A bipartisan group of lawmakers plans to meet today in Washington to re-examine U.S. farm spending for the …

Taxpayer $14 Billion to Crop Insurers Some Call Money Laundering

Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer. Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to get federal cash for insuring farmers against loss of crops …

Changes Made in Wake of Crop Insurance Confusion

North Dakota’s congressional delegation says the federal Risk Management Agency has released new rules for prevented planting insurance for the 2014 crop year. The changes come in the wake of confusion for some Upper Midwest farmers over a rule that’s …

House to Vote on Cuts to Crop Insurance

The House was expected to vote Thursday on cuts to government farm subsidies and food stamps as lawmakers move toward passage of a five-year, half trillion-dollar farm bill. Republican leaders have said they want to finish voting on the bill …

FESA Micro-Insurance to Offer Free Drought Insurance Design

Aiming to serve all African farmers, FESA Micro-insurance is growing fast. But, large scale crop insurance puts special demands. Using automated insurance design and monitoring tools, EARS has developed a geo-information approach to crop insurance. Mapped insurance designs can be …

Crop Insurance Juicy Target in ‘Fiscal Cliff’ Deal

Rural lawmakers worried that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a deal to avert the “fiscal cliff” are shopping around for a late compromise on a farm bill to protect …