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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 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 Arthur D. Postal, PropertyCasualty360.com |
May 24, 2011
Agent associations are criticizing what they say are federal efforts to strip away crop-insurance servicing components from their members.
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By Arthur D. Postal, PropertyCasualty360.com |
November 18, 2010
QBE Insurance Group today announced its acquisition of the U.S. insurance operations of Bermuda-based RenaissanceRe, including Iowa-based crop insurer Agro National, for approximately $275 million.
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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 |
June 28, 2010
The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30.
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By Arthur D. Postal, PropertyCasualty360.com |
June 28, 2010
The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30--under expedited procedures legislation approved last week by the U.S. House of Representatives on a unanimous vote.
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By Arthur D. Postal, PropertyCasualty360.com |
June 23, 2010
The nation's crop insurers warned that the industry's "back is against the wall" as they reiterated objections to a planned 30 percent cut to the federal crop program.
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