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  2. Crop insurance - Wikipedia

    en.wikipedia.org/wiki/Crop_insurance

    Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods ("crop-yield insurance"), or the loss of revenue due to declines in the prices of agricultural commodities ("crop-revenue insurance").

  3. Agriculture Risk Protection Act of 2000 - Wikipedia

    en.wikipedia.org/wiki/Agriculture_Risk...

    Agriculture Risk Protection Act of 2000; Other short titles: Agricultural Risk Protection Act of 1999: Long title: An Act to amend the Federal Crop Insurance Act to strengthen the safety net for agricultural producers by providing greater access to more affordable risk management tools and improved protection from production and income loss, to improve the efficiency and integrity of the ...

  4. Catastrophic crop insurance - Wikipedia

    en.wikipedia.org/wiki/Catastrophic_crop_insurance

    Catastrophic crop insurance (CAT) is a component of the U.S. federal crop insurance program, originally authorized by the Federal Crop Insurance Reform Act of 1994 (P.L. 103- 354). [1] CAT coverage compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 55% of the projected season average ...

  5. US crop insurance provides billions in profit for insurers ...

    www.aol.com/news/us-crop-insurance-provides...

    The USDA worked with 13 privately held insurance companies to provide 1.2 million crop insurance policies at a cost of $17.3 billion in 2022, said the report from the Government Accountability ...

  6. Agricultural policy of the United States - Wikipedia

    en.wikipedia.org/wiki/Agricultural_policy_of_the...

    The latter protects farmers from vagaries of price fluctuations by ensuring a minimum price and fulfilling their shortfalls in revenue upon a fall in price. Lately, there are other measures through which the government encourages crop insurance and pays part of the premium for such insurance against various unanticipated outcomes in agriculture.

  7. West Des Moines crop insurance company buys a California ...

    www.aol.com/west-des-moines-crop-insurance...

    West Des Moines-based Farmers Mutual Hail Insurance Co. of Iowa says it’s buying Global Ag Insurance Services, a California crop insurance business.

  8. Federal Crop Insurance Reform and Department of Agriculture ...

    en.wikipedia.org/wiki/Federal_Crop_Insurance...

    The 1994 Act amended and in many cases suppressed major portions of the Federal Crop Insurance Act of 1980 (P.L. 96-365) which serves as the authorizing statute for the federal crop insurance program. The 1980 Act expanded the scope of the crop insurance program and permitted USDA to subsidize farmer premium payments.

  9. Federal Crop Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Crop_Insurance...

    The Federal Crop Insurance Corporation was a program created to carry out the government initiative to provide insurance for farmers' produce, which means that farmers would receive compensation for crops, even if they were not sustained in that year. [3] On September 26, 1980, the program was expanded through Public Law 96-365. [4]