India - Titli affected farmers yet to paid crop insurance

26.12.2018 816 views
Coconut farmers affected by Titli cyclone are yet to pay amount under crop insurance scheme by its companies so far. Coconut farmers in Uddanam area paid crop insurance premium for one tree as Rs 10 for three years term in 2016 and it is in force till March 2019. With the motivation of horticulture officials farmers paid the amount to national insurance company under national crop insurance scheme (NCIC) which is applicable for horticulture crops. The NCIC is applied for both natural calamities and pesticide attack on crops. There are two categories under the NCIC one is for payment of premium for trees aged from 4 to 15 years and other is for trees aged from 16 to 60 years. Due to titli cyclone coconut trees damaged in seven Udddanam mandalas and insurance amount need to pay for total loss of tree, damage of tree and loss of yield also. As per guidelines for each tree loss insurance company need to pay Rs 1750. After payment of premium in 2016 no bonds issued to farmers and accounts also not opened in the name of farmers in banks. Now the insurance company and horticulture officials are trying to shift burden on each other to avoid liability. ‘We have yet to receive any compensation amount from insurance companies so far for loss of our crop’ coconut farmers of Sompeta mandal, Ramachandra Panigrahi, Dunna Gurumurthyand others explained. ‘We have paid Rs 5.50 crore under crop insurance for loss but we have not received premium for coconut’ National insurance company officials, Sivaji and Malathi explained. Source - https://www.thehansindia.com
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.