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By Melissa Hillebrand, PropertyCasualty360.com |
April 25, 2012
The Federal Crop Insurance Program began nearly 75 years ago. Now a public/private partnership, agents write more than 1 million crop insurance policies. As Congress looks at a 2012 farm bill, learn what agents need to know about this “growing” industry.
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By Phil Gusman, PropertyCasualty360.com |
February 2, 2012
National Crop Insurance Services (NCIS) says indemnity payments in 2011 surpassed $9 billion for the first time in history—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 |
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 Barry Zalma |
January 1, 2011
Barry Zalma discusses a case which involves an insurance agent assisting a farmer in insurance fraud.
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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 Phil Gusman, PropertyCasualty360.com |
June 16, 2010
Agent associations have joined the National Crop Insurance Services' (NCIS) criticisms of the Obama administration's decision to cut the federal crop insurance program by $6 billion over the next 10 years.
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By Arthur D. Postal, PropertyCasualty360.com |
June 9, 2010
A proposed tax on offshore reinsurers will likely raise costs for crop insurers and could reduce even further the players in that market, a lobbyist for Bermuda insurers warned Monday.
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By Arthur D. Postal, PropertyCasualty360.com |
May 17, 2010
Officials from the crop insurance industry are voicing opposition to a proposal by an Iowa State University professor that the current system be replaced with a direct subsidy program.
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By Robert Parkerson |
May 6, 2010
The crop insurance industry is in the midst of a major transformation. Last December, the USDA and the Risk Management Agency (RMA) released the first draft of the Standard Reinsurance Agreement (SRA)
