Azerbaijan - Work is underway on a mechanism of microinsurance systems

26.06.2019 727 views
The collection of premiums in the insurance sector has improved after the establishment of the Financial Market Supervisory Authority (FIMSA). The statement has been made at a seminar for the media by the head of the FIMSA Insurance Activity Supervision Department Firdovsi Agashirinov. Touching the question of strengthening of the insurance control mechanism, Department’s head stated that FIMSA is taking serious steps in this direction. "In connection with the development of the insurance sector, a number of measures are being taken, and among them are development of agricultural insurance and the creation of a mechanism of agricultural insurance. In this regard, a model has already been defined, and the work of the Authority has been accelerated. Work is also underway on the creation of a mechanism of micro-insurance systems," said Agashirinov. Source - http://abc.az
24.08.2026

Canada - Monette Farms restructuring update: Crop insurance dispute and U.S. land deal

Monette Farms is facing a previously unpublicized hurdle in its restructuring effort, as court documents show the Saskatchewan Crop Insurance Corporation (SCIC) seeking a payment of $1.9 million to maintain the large farm's 2026 crop insurance coverage in Saskatchewan.

24.08.2026

India - Sukhjinder Randhawa raises concerns over 73 lakh farmers leaving Crop Insurance Scheme, questions Centre

Senior Congress leader, Rajya Sabha MP and former Punjab Deputy Chief Minister Sukhjinder Singh Randhawa on Monday questioned the Centre’s agricultural policies, citing a reported decline in enrolment under the Pradhan Mantri Fasal Bima Yojana (PMFBY) and a sharp fall in cotton cultivation in Punjab, Haryana and Rajasthan.

24.08.2026

USA - Farmers face crop concerns after flooding in Pulaski County

The floodwaters might be gone, but farmers are now focusing on crop damage.

24.08.2026

USA - New Hay Insurance Adds Revenue Protection for 2027

The new option could provide stronger protection when forage losses coincide with higher replacement feed costs.

24.08.2026

India - Farmers to get compensation for crop loss from extreme weather

Claims cover damaged okra, tomatoes, pomegranates, and kinnow under new insurance scheme.

24.08.2026

USA - Storm damage hits western Kentucky crops ahead of harvest season

Last week’s storms caused widespread damage to some areas, with damages even affecting some in the agricultural industry.

23.08.2026

USA - Pennsylvania Opens $10M Aid Program for Freeze-Hit Growers

Pennsylvania will open a $10 million disaster-relief program Aug. 24 for fruit growers facing an estimated $150 million to $200 million in losses from a spring freeze, Gov. Josh Shapiro reported Thursday during a visit to an Adams County orchard.

23.08.2026

A year of change in Polish agriculture

Minister Krajewski highlights support for farmers and stronger agricultural resilience.