Filed Under:Agent Broker, E&S/Specialty Business

Obama Signs Farm Bill That Expands Crop-Insurance Program

President Barack Obama, surrounded by members of Congress, signs the farm bill. (AP Photo/Jacquelyn Martin)
President Barack Obama, surrounded by members of Congress, signs the farm bill. (AP Photo/Jacquelyn Martin)

EAST LANSING, Mich. (Reuters) - In a large barn smelling faintly of horses, President Barack Obama signed the $956 billion farm bill into law on Friday, comparing the five-year law to "a Swiss Army knife" because of the variety of ways it can support jobs in America.

"It multi tasks," Obama said, describing how the law supports not only farmers and ranchers but poor families on food stamps, researchers working on biofuels, and businesses developing and exporting new products from rural America.

Featured Video

Most Recent Videos

Video Library ››

Top Story

5 ways insurance agencies can improve their websites

The way people use the Internet has changed over the past few years. Has your website changed with it?

Top Story

15 tips for driving safely on ice and snow

More than 800 people die each year in the U.S. in vehicle crashes caused by snow, sleet and freezing rain.

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.