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By Arthur D. Postal, PropertyCasualty360.com |
April 12, 2012
The Government Accountability Office said today in a new report that the government should consider capping crop-insurance-premium subsidies for individual farmers or reducing subsidies for all farmers, or both.
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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 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 Phil Gusman, PropertyCasualty360.com |
September 26, 2011
Obama-administration plans to further reduce crop-insurance subsidies could accelerate a consolidation process in the agricultural insurance sector that is already long underway, according to Moody’s.
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By Arthur D. Postal, PropertyCasualty360.com |
September 22, 2011
After almost four years as an orphan, the National Flood Insurance Program is picking up some powerful parents. It is as if it has suddenly morphed from an ugly duckling into a beautiful swan. The reason is that the latest fashion in Washington is to bring in additional revenues without...
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By Arthur D. Postal, PropertyCasualty360.com |
September 20, 2011
Crop insurance underwriters and producers are up in arms over a proposal in the Obama administration tax plan that would further reduce crop-insurance subsidies by an estimated $8.3 billion over 10 years.
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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 Staff Writer |
August 24, 2010
Effective Aug. 31 Robert Parkerson, president of National Crop Insurance Services (NCIS), will retire, the organization said.
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By Arthur D. Postal, PropertyCasualty360.com |
August 16, 2010
Independent agents and underwriters sparred with U.S. Agriculture Department representatives over agent commission caps put forth as part of the mandated cuts to the federal crop insurance program during a recent House subcommittee hearing.