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By Arthur D. Postal, PropertyCasualty360.com |
March 19, 2012
Insurance companies and agents joined together Thursday in asking Congress “to do no harm” to the existing crop-insurance-subsidy program, citing concerns with Obama-administration proposals that call for further cuts.
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By Arthur D. Postal, PropertyCasualty360.com |
March 1, 2012
Both crop insurers and agents are questioning President Obama’s 2013 budget proposals to make cuts to subsidies provided to the industry.
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By Arthur D. Postal, PropertyCasualty360.com |
January 3, 2011
Regulatory initiatives dealing with implementation of the financial services reform law, and such old business as providing certainty to the NFIP will keep p&c insurance industry lobbyists extremely busy this year.
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By Arthur D. Postal, PropertyCasualty360.com |
December 16, 2010
Consolidation in the crop insurance sector continued as Everest Re Group, a Bermuda-based insurer, announced Wednesday that it has entered into discussions with Kansas-based Heartland Crop Insurance regarding a potential acquisition.
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By Arthur D. Postal, PropertyCasualty360.com |
November 15, 2010
A vibrant farm industry is currently helping the crop insurance industry cope with the Agriculture Department's decision to substantively cut back its subsidy program.
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By Arthur D. Postal, PropertyCasualty360.com |
October 29, 2010
A vibrant farm industry is currently helping the crop insurance industry cope with the Agriculture Department's decision to substantively cut back its subsidy program, "but every year is a new year."
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By Arthur D. Postal, PropertyCasualty360.com |
July 22, 2010
Agents and underwriters sparred with Agriculture Department (USDA) representatives over agent commission caps put forth as part of the mandated cuts to the federal crop insurance program at a House subcommittee hearing.
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By Arthur D. Postal, PropertyCasualty360.com |
July 2, 2010
Crop insurers said late Thursday the industry and the crop insurance program will be able to "withstand" the severe cuts in subsidies imposed on the program by the Agriculture Department.
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By Arthur D. Postal, PropertyCasualty360.com |
July 1, 2010
Independent insurance agents are blasting a decision by the U.S. Agriculture Department to impose a crop insurance contract on the industry that includes restrictive caps on agent commissions.
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By Mark E. Ruquet, PropertyCasualty360.com |
June 15, 2010
The federal government's $6 billion cut in the crop insurance program last week received a strongly negative response from the association representing the insurers.