Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Many Florida citrus growers are in danger of losing crops and revenue as a result of the 2017 hurricanes.

Hurricane Irma devastated 50% to 90% of Florida’s citrus fruit — oranges, grapefruits and tangerines — and Florida is facing its lowest citrus forecast in more than 70 years. Shortly after the storm, the state estimated that its citrus industry lost more than $750 million. Lawmakers and the Florida Agriculture Commissioner have stated that the damage estimate may exceed $1 billion, as fruit continued to fall well after the storm passed. In addition to citrus losses, the state estimated that Irma inflicted $180 million in damage to vegetable and non-citrus fruit growers.

Serious questions remain regarding whether Florida citrus can survive without assistance. Much of the conversation is focused on emergency assistance from the government. But the citrus industry and others affected by the storms should not overlook the significant assets that may be found in their insurance portfolios. Companies should consider coverage for the destroyed fruit and for lost business income — both for growers and those whose business relies on the growers.

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.