Crop Insurance Industry Lends Perspective To Ewg’s Analysis Of Farm Programs
FOR IMMEDIATE RELEASE May 6, 2010 Overland Park, Kansas…The crop insurance industry cautioned today against relying on partial assessments of the Federal crop insurance program. The industry voiced these concerns again in light of the Environmental Working Group’s (EWG) report released yesterday which evaluated for the first time data from the crop insurance program. The […]
Industry Calls for Long Term Analysis in Judging Crop Insurance Market Performance
FOR IMMEDIATE RELEASE April 5, 2010 OVERLAND PARK, KANSAS..USDA’s Risk Management Agency (RMA) released late last Friday an update of their disputed Millman study of returns to private crop insurers participating in the Federal Crop Insurance Program. While the report focuses on 2009 earnings, which indeed represent the second highest ever, it is more reflective […]
Private Industry Still Sees Wide Gap in SRA Negotiations
FOR IMMEDIATE RELEASE February 24, 2010 OVERLAND PARK, KANSAS… Although modestly less severe than initially proposed, the funding reductions for the crop insurance program offered yesterday by USDA/RMA in the latest round of negotiations to revise the Standard Reinsurance Agreement (SRA) remain excessive and unrealistic. In addition, the RMA’s latest proposal fails to reflect available reforms […]
Avtar Gill Awarded the Crop Insurance Industry Outstanding Service Award
FOR IMMEDIATE RELEASE February 24, 2010 OVERLAND PARK, KANSAS…Avtar Gill, Gill Insurance, Caruthers, Calif., is the recipient of the Crop Insurance Industry Outstanding Service Award in recognition for outstanding service and outreach to small, limited resource, and socially disadvantaged farmers. Steve Harms, Chairman of the National Crop Insurance Services (NCIS) Board of Directors, and Robert […]
Gene Grimsley Presented Crop Insurance Industry Leadership Award
FOR IMMEDIATE RELEASE February 24, 2010 OVERLAND PARK, KANSAS…Gene Grimsley, Agro National Insurance, Council Bluffs, Iowa, was presented with the Crop Insurance Industry Leadership Award at the 2010 Crop Insurance Industry Annual Convention. This award is given to individuals who are directly involved in the crop insurance industry and who consistently serve the industry by […]
Fundamental Problems Exist with the USDA’s Proposed 2011 Standard Reinsurance Agreement; Private Industry Seeks Solutions
FOR IMMEDIATE RELEASE January 20, 2010 OVERLAND PARK, KANSAS..The private crop insurance industry today released a proposal for the 2011 Standard Reinsurance Agreement (SRA). The SRA is the contract under which the private insurance companies agree to deliver the federal crop insurance program to the nation’s farm producers. The industry’s proposal is in response to […]
Crop Insurance Protects Freeze-Damaged Crops in Florida Against Coldest Temperatures in 20 Years
FOR IMMEDIATE RELEASE January 12, 2010 Producers with damage urged to contact agent OVERLAND PARK, KANSAS..Florida has just over $3 billion in liability in crop insurance on crops ranging from citrus and citrus trees to nursery and fresh market tomatoes. “All of it is protected against the record freeze that hit this past weekend, […]
Crop Insurance Scores Well in Profitability and Effectiveness Analysis
FOR IMMEDIATE RELEASE October 8, 2009 Independent study by Grant Thornton LLP shows that Federal Crop Insurance Program compares favorably to property and casualty industry OVERLAND PARK, KANSAS..A study released today by National Crop Insurance Services shows that over a 17 year period (1992-2008) the Federal Crop Insurance Program has been significantly less profitable […]
Producers with Grain Quality Questions Urged to Contact Crop Insurance Agents and Companies
FOR IMMEDIATE RELEASE September 28, 2009 OVERLAND PARK, KANSAS…National Crop Insurance Services (NCIS) is urging farmers with grain quality concerns to contact their crop insurance agent or company to determine coverage options in case of damage to crops from disease, weatherrelated events, or other causes. “While we, like everyone, are closely monitoring the mycotoxin situation […]
Multiple deadlines facing farmers; Fall crop insurance decisions due
FOR IMMEDIATE RELEASE September 8, 2009 This release affects 41 states, with the exception of: Arizona, Alaska, Connecticut, Hawaii, Maine, Massachusetts, Nevada, Utah and Vermont. OVERLAND PARK, KANSAS…This is the time of year when farmers face multiple deadlines. They are harvesting their spring planted crops and, depending on the yield and revenue potential, they may […]