Crop Insurance Leader Urges Congress to Do No Harm
FOR IMMEDIATE RELEASE March 15, 2012 (WASHINGTON) — “How crop insurance emerges from the 2012 Farm Bill process will hold major ramifications for this risk management program and for America’s farmers and ranchers who have come to rely on it,” Steve Rutledge today told the Senate Committee on Agriculture, Nutrition and Forestry. Rutledge, who spoke […]
Miss America 2011 Brings National Focus to Crop Insurance Industry
FOR IMMEDIATE RELEASE February 14, 2012 (SCOTTSDALE, Ariz.) — Commenting that while her reign as Miss America has ended, her passion for agriculture continues on, Miss America 2011, Teresa Scanlan, addressed the annual meeting of the crop insurance industry today and assured attendees that her heart still remains in rural America. “This is one of […]
Vital Role of Crop Insurance Highlighted at CIRB National Meeting
Speakers including the Senate Agriculture Committee Chairwoman and Ranking Member, the Risk Management Agency Administrator, and several industry leaders underscored the vital role of crop insurance as the cornerstone of federal farm policy during the 48th annual meeting of the Crop Insurance and Reinsurance Bureau (CIRB). The two-day meeting was held in Scottsdale, Arizona, and […]
What Does 2012 Hold for Crop Insurance?
With 2011 indemnities quickly approaching the all-time record of $10 billion, and farmers preparing to plant another impressive crop just months after the worst weather year in U.S. history, the current crop insurance system is earning high praise from agricultural leaders and lawmakers alike. But in a new peer-reviewed analysis that appeared in January’s Choices […]
Convo 10
So as we look at the next Farm Bill, we need effective risk management tools for farmers that are simple and easy to use. In my visits around Michigan, and in our field hearing here and at the one we did in Kansas, we heard over and over again that crop insurance is the foundation […]
Convo 9
The speed of delivery of crop insurance — because it’s administered by private-sector companies — makes it a different kind of animal. In fact, if a natural disaster strikes and I’m covered by a crop insurance policy, typically the payment comes to me in one or two weeks, not in one or two years. Because […]
Keeping Crop Insurance Strong
This ongoing series presents one of the many strengths of crop insurance per month and details how the sum of the 12 essential crop insurance strengths has given us the successful program we have today. These strengths are especially important as policy makers contemplate further cuts to farm safety net policies. Strength: Producers do not […]
Convo 8
Farmers like me need to have access to affordable risk management tools to better mitigate the impact of significant crop losses and sharp price declines. This is why the upcoming farm bill is so important. It is not about providing income to the less than 2% of the American population. It is about insuring that […]
Mid Atlantic Lender Sold On Crop Insurance
Kenny Bounds feels strongly about crop insurance. “For ag lenders, crop insurance is portfolio insurance,” says Bounds (56), the Government Affairs Officer for Mid Atlantic Farm Credit, which serves five states. Bounds has been in ag lending for his entire career and lives on Maryland’s Eastern Shore. “I tell our producers that anyone who self-insures […]
When Mother Nature Gives You A Jolt, Crop Insurance is There
By Quentin Bowen Sitting on a combine for 12 hours a day harvesting corn and soybeans gives a person a certain degree of clarity combined with long blocks of time to think and analyze. Looking at the corn I’m harvesting, I marvel at the fact that somehow, my family farm managed to dodge the many […]
