India - Titli affected farmers yet to paid crop insurance

26.12.2018 581 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
25.05.2026

Algeria - CASH Assurances to diversify into agriculture insurance

CASH Assurances will launch agriculture insurance plans in June 2026, as part of its diversification strategy.

25.05.2026

U.S. specialty crop growers push for stronger Farm Bill support

Specialty crop growers in the U.S. are calling for stronger support measures in the 2026 Farm Bill, particularly around risk management, market access, and crop insurance. 

25.05.2026

ASF outbreak leaves Bhutan piggery farmers with heavy losses

For piggery farmers in Damzhagsa, the African Swine Fever outbreak did more than wipe out their animals, it also wiped out a major source of income while leaving many of them with loans to pay and no clear way to recover – putting insurance in the spotlight.

25.05.2026

Australia - RoBird takes to the skies to protect $100m strawberry crops from the real thing

RoBird is now flying around Moreton Bay skies to protect the city’s $100 million strawberry industry from the real deal.

25.05.2026

India - 1.75 Lakh Hectares of Crops Damaged as Cyclone ‘Dana’ Hits Coastal Odisha

In Odisha, the severe cyclonic storm ‘Dana’ has badly damaged agriculture and property in the coastal districts of Bhadrak, Kendrapara, Balasore, Mayurbhanj, and Jagatsinghpur. 

25.05.2026

USA - National Pennsylvania Seeks USDA Disaster Aid After Crop Freeze

Pennsylvania’s congressional delegation urged the U.S. Department of Agriculture to issue a Secretarial Disaster Designation for all counties in the commonwealth after late spring freezes caused widespread damage to fruit and specialty crop farms, with industry losses estimated between $150 million and $200 million.

24.05.2026

Severe Hailstorm and Flooding Devastate Farmland in Central Greece

Torrential rain, strong winds and intense hail battered rural communities, leaving thousands of acres of agricultural land flooded or heavily damaged as authorities assess the extent of the losses.

24.05.2026

USA - Long Island oyster operations look to bounce back after winter temperatures cause severe damage

"This winter was unprecedented, weather-wise - at least in my lifetime," said Peeko Oysters owner Peter Stein.