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Balanced Reporting. Trusted Insights.
Sunday, April 06, 2025
Crop insurance provider Farmers Mutual Hail Insurance Co. of Iowa has acquired the California-based Global Ag Insurance Services, expanding its presence in the specialty crop sector.
The global agricultural insurance market, valued at $38.5 billion in 2022, is expected to surge to $67.4 billion by 2032, according to a new Allied Market Research report.
The Agriculture Department's Risk Management Agency is launching a new crop insurance program for controlled-environment agriculture that will become available in the 2024 crop year.
While the total damage amounts from California’s 2020 wildfire season is not yet known and several fires continue to burn, rural businesses such as farms, ranches, and others in the agricultural industry are faced with the continued threat of losing the insurance policies that protect the financial aspects of daily operations.
USDA’s Risk Management Agency will move premium dates and boost subsidies under the Livestock Risk Protection insurance program meant to protect producers against price declines.
WASHINGTON, August 2, 2017 - USDA’s Risk Management Agency will make crop insurance available to beekeepers in 19 additional states, meaning it will now be available in all contiguous 48 states.
WASHINGTON, March 29, 2017 - Milk producers searching for ways to cope with sluggish profits and price volatility have set their eyes on a program that’s currently closed to them – federal crop insurance.
