crop insurance News

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 …

University of Rhode Island Gets $206K Grant for Crop Insurance Education

The University of Rhode Island has been awarded a $206,000 federal grant to help educate the state’s agricultural producers on crop insurance. U.S. Rep. Jim Langevin announced the grant from the U.S. Department of Agriculture on Tuesday. It supports risk …

Corn Crop Insurance Payout Up to $7.50 Per Bushel

Corn farmers who chose to pay more to insure their crops at harvest prices have gotten some welcome news from the U.S. Department of Agriculture. Farmers who bought the more expensive crop insurance option last spring will earn $7.50 per …

As Crop Losses Mount, Farmers Seen Quicker to Claim

The drought ravaging America’s prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than …

USDA Announces $308M for Disaster-Stricken States

The U.S. Department of Agriculture is adding more than $300 million to the massive amount of financial assistance federal agencies have doled out in response to an unusually intense year of natural disasters, officials announced Wednesday. The money, from three …

Louisiana Ag Commissioner: Crop Insurance Plans Guaranteed for Floods

Agriculture and Forestry Commissioner Mike Strain D.V.M., said the United States Department of Agriculture (USDA) has guaranteed that Morganza Spillway farmers whose crops have been damaged by flooding caused by the Mississippi River will be eligible for crop insurance payments …

Good News for Farmers on Crop Insurance

There were some weary insurance agents in the region March 16. There were plenty of farmers with better-than-usual crop insurance coverage, too. March 15 was the deadline for purchasing or modifying crop insurance for spring-planted crops this growing season. Two …