Crop Insurers Comment on President’s Proposed Budget

The American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau, Crop Insurance Professionals Association, Independent Insurance Agents and Brokers of America, National Association of Professional Insurance Agents, and National Crop Insurance Services released the following joint statement in response to the White House’s proposed FY2018 budget.

Tom Zacharias Interview on AgriTalk – December, 2014

“If you look over the last couple of years, we have faced some headwinds.  Take the situation in 2012 with the extensive drought we had in the Midwest.  Last year, when we had the swing in prices and a lot of other revenue policies kicked in, so there were indemnities paid there.  The last couple

Joint Statement on Farm Bill Conference Committee Report

Contact: Laurie Langstraat, NCIS – 913-685-2767 (January 28, 2014) – American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau and National Crop Insurance Services, in response to the Farm Bill conference committee filing its conference report last night, released the following statement: “We are pleased that Senate and House conferees have reached a bipartisan

NCIS Responds to OIG Prevented Planting Report

Contact Laurie Langstraat, 913-685-2767 The following statement regarding the USDA/OIG report “RMA: Controls Over Prevented Planting” should be attributed to Tom Zacharias, president, National Crop Insurance Services. “Prevented planting is a potentially devastating situation which is why many farmers purchase crop insurance to help mitigate the risk. It is important that preventing planting coverage provisions

NCIS Responds to Bloomberg News Series on Crop Insurance

Contact Laurie Langstraat, 913-685-2767 The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services, in response to the Bloomberg News series on crop insurance: “Over the last decade, elected officials, financial institutions, farm leaders and farmers have reached a general consensus that crop insurance is the best risk management tool available.

NCIS Responds to Bloomberg News Series on Crop Insurance

Contact Laurie Langstraat, 913-685-2767 The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services, in response to the Bloomberg News series on crop insurance: “Over the last decade, elected officials, financial institutions, farm leaders and farmers have reached a general consensus that crop insurance is the best risk management tool available.

NCIS Responds to Bloomberg News Story

Contact: Laurie Langstraat, 913-685-2767 The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services and is in response to the Bloomberg News story “Taxpayers turn U.S. farmers into fat cats with subsidies”: “The primary reason behind the growth and success of crop insurance over the last decade is that farmers, farm

NCIS Responds to Environmental Working Group’s Accusations – May 1, 2013

A recent report prepared by Bruce Babcock and funded by the Environmental Working Group calls crop insurance “a bloated, taxpayer-funded income support program” and that farmers are profiting from the 2012 drought because of crop insurance. Is this true? Absolutely not. It should come as no great surprise that the recent EWG report prepared by

NCIS Responds to Chicago Tribune Editorial

It is unfortunate that the Chicago Tribune would choose to criticize crop insurance, a new hybrid of private-public risk management that is saving taxpayers lots of money and shielding them from risk (“Farm Bill? Later. Political gridlock may save U.S. from bad farm legislation,” Editorial, Sept. 17). In the past, agriculture disasters like this year’s

NCIS Responds to American Enterprise Institute

The American Enterprise Institute (AEI) released a paper in September 2012 claiming potential costs of $20 billion per year for the Price Loss Coverage (PLC) and Supplemental Coverage Option (SCO) programs in the Congressional 2012 Farm Bill proposals. The release is apparently intended to create alarm over potentially high costs of future farm policy. Unfortunately,

NCIS Responds to August 10, 2012, USDA Crop Progress Report

The following statement is in response to the August 10 USDA Crop Report. The statement should be attributed to Thomas P. Zacharias, president, National Crop Insurance Services. “As expected, the Agriculture Department lowered the corn and soybean production forecast in its August 10 crop production report released today, due to heat stress and extreme drought

Plowed Under ‐ Redux

By Thomas P. Zacharias, President, National Crop Insurance Services The Environmental Working Group’s (EWG) most recent report entitled Plowed Under (August 6, 2012) deserves a few candid observations. By all outward appearances, the document appears to be a standalone “research effort.” As such, the report has no real analytical or science‐based foundation. The report attributes

Plowed Under ‐ Redux

By Thomas P. Zacharias, President, National Crop Insurance Services The Environmental Working Group’s (EWG) most recent report entitled Plowed Under (August 6, 2012) deserves a few candid observations. By all outward appearances, the document appears to be a standalone “research effort.” As such, the report has no real analytical or science‐based foundation. The report attributes

EWG Study A Reckless Attack on Farmers’ Best Risk Management Tool

(OVERLAND PARK, Kan.) — “The Environmental Working Group has an unprecedented track record of promoting and funding misleading and flawed analysis, as well as mischaracterizing data to generate news headlines. Its latest attack on farmers’ most important risk management tool is no different. For example: EWG seems to be criticizing government support of crop insurance.

EWG Study A Reckless Attack on Farmers’ Best Risk Management Tool

(OVERLAND PARK, Kan.) — “The Environmental Working Group has an unprecedented track record of promoting and funding misleading and flawed analysis, as well as mischaracterizing data to generate news headlines. Its latest attack on farmers’ most important risk management tool is no different. For example: EWG seems to be criticizing government support of crop insurance.

NCIS Comments on Senate Agriculture Committee Farm Bill Passage

The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services. “We commend the Senate Agriculture Committee for its commitment and determination to write and pass a Farm Bill that saves taxpayers money and provides confidence to farmers and their lenders as they make business decisions for upcoming growing seasons. The fact

NCIS Responds to Los Angeles Times Article

Below you will find NCIS’ response to the Los Angeles Times article “Farm Insurance Fraud is Cheating Taxpayers out of Millions” from February 6, 2011. NCIS Response To the Editor: 
(These comments are based on letters submitted to the editor of the Los Angeles Times by Dallas Smith, former Deputy Under Secretary of USDA, and

NCIS Responds to Los Angeles Times Article

Below you will find NCIS’ response to the Los Angeles Times article “Farm Insurance Fraud is Cheating Taxpayers out of Millions” from February 6, 2011. NCIS Response To the Editor: 
(These comments are based on letters submitted to the editor of the Los Angeles Times by Dallas Smith, former Deputy Under Secretary of USDA, and

NCIS Responds to New York Times Editorial

Below you will find NCIS’ response to the New York Times editorial “Here’s an Easy One” from January 15, 2011. NCIS Response To the Editor: The call for billions of dollars in farm subsidy cuts (“Here’s an Easy One“, Jan. 15) offered a misleading treatment of crop insurance. First, farmers’ premium subsidies do not raise

NCIS Response to Chris Clayton

Farmers buying crop insurance as enterprise units get increased federal subsidy Chris Clayton, AgFax — November 3, 2010 Tom Zacharias, newly-named president of National Crop Insurance Services, said enterprise units have expanded the opportunity for farmers to manage their risk. “I would say, in general, it has been very well-received,” Zacharias said. “There is evidence

Agent Groups Join NCIS Criticism Of Crop Insurance Program Cuts

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. Two national agent associations said today that the cuts could have negative effects on the future of the program. The U.S. Department of Agriculture said last week that