India - Titli affected farmers yet to paid crop insurance

26.12.2018 856 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
09.09.2026

Philippines - 5K farmers in Laoag to receive crop insurance from city gov't

More than 5,000 farmers and fisherfolk in this city will get added protection from the effects of adverse weather conditions through crop insurance, strengthening the safety net for agricultural producers whose livelihoods remain vulnerable to typhoons, drought, floods, and other natural hazards.

09.09.2026

USA - University of Idaho lands $6 million to help farmers cut crop loss

The University of Idaho received part of a $6 million grant to study a specific crop problem that can cost farmers part of their harvest each year: stalk lodging. 

09.09.2026

USA - Hurricane Lowell leaves Kauai farm racing to save shrimp, assess crop damage

Hurricane Lowell knocked out power to Kauai Alum Farms, leaving the company racing to keep about 20 out of their 40 shrimp ponds operating while assessing widespread damage across its agricultural fields.

09.09.2026

NAIC’s recapitalisation failure puts Nigeria’s farm insurance at risk

For millions of Nigerian farmers, insurance is the thin line between a bad season and financial ruin. A flood can erase a year’s harvest overnight; disease can wipe out livestock; drought can turn costly inputs into unrecoverable losses.

09.09.2026

USA - Tariffs squeeze Ohio farmers as rising costs deepen a crisis across agriculture

Ohio farmers are being squeezed by tariffs, higher input costs and foreign competition, raising concerns over cash flow, investment and farm profitability.

09.09.2026

USA - Stormy summer leading to crop insurance reminders ahead of harvest

The crop claims manager with COUNTRY Financial says harvest season is one of the most important times of year for farmers to communicate with their crop insurance agent.

08.09.2026

High-value crop losses reach US$24 million after Philippine storms

The Philippine agricultural sector has recorded damage and losses following the enhanced Southwest Monsoon, or Habagat, and tropical cyclones Luis, Maymay, Neneng, and Pilandok, according to the Department of Agriculture (DA).

08.09.2026

France Recognizes 2026 Drought Crop Losses in 18 Departments

The fast-tracked decision lets uninsured farmers file compensation claims within days, with first payments expected in October.