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By Phil Gusman, PropertyCasualty360.com |
January 30, 2012
National Crop Insurance Services says indemnity payments surpassed $9 billion for the first time in history in 2011, and Moody’s Investors Service says this development could put smaller, geographically concentrated insurers at risk.
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By Catherine Couretas, PropertyCasualty360.com |
August 12, 2011
A Colorado couple and their insurer both owe the U.S. money after false crop insurance claims were paid out.
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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.