Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

NCIS cites historic droughts in the Plains, flooding along the Mississippi River and deep freezes in the South for the $9.1 billion in payments and says that figure could grow to $10 billion as remaining claims are settled.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.