Agriculture Commissioner Louis Petersen warns that local insurers reluctance to provide liability coverage is preventing lease approvals for farmers, as the Department of Agriculture searches for solutions with other government agencies.
BRAC Bank Limited and Green Delta Insurance Company Limited have jointly launched Bangladeshs first ever livestock insurance coverage facility for the cattle farmers.
Leaving farmers in the lurch once again, the State government has drastically cut down on the extent of crop losses due to last months heavy rains, from the initial estimate of 4.15 lakh acres to a meagre 79,574 acres.
Farmers in Mormugao Taluka have received compensation of approximately Rs 10 lakh for the damage caused to their crops by heavy monsoon rains.
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Taipei, Oct. 9 CNA, The value of agricultural crop and equipment losses caused by Typhoon Krathon reached NT$498.6 million as of Wednesday, according to the Ministry of Agriculture .
Milton threatens to inflict wind damage in the northern two-thirds of Florida’s citrus belt this week, according to Commodity Weather Group. Orange juice futures rose up to 4.3 percent on Monday due to the threat to Floridas citrus industry.
Mumbai; Probus, one of Indias leading InsurTech platforms, is pleased to announce the appointment of Dr. Ajay Verma as the Head of Rural and Agriculture Insurance. This pivotal addition to Probus leadership team reflects their unwavering commitment to advancing insurance solutions in underserved sectors.
Agriculture Minister Shivraj Singh Chouhan held a productive dialogue with farmer leaders in New Delhi, addressing key agricultural concerns and pledging government support. He emphasized the importance of voluntary participation in crop insurance and committed to improving the sector.
ICE cotton prices increased yesterday due to crop concerns caused by the hurricane and rising crude oil prices. Expensive crude oil makes polyester, an alternative fibre to cotton, more costly. However, the high level of the US dollar index was a negative factor for US cotton.
Mr. Ngo Trung Dung, Deputy Secretary General of the Insurance Association of Vietnam, spoke with VETs Hoang Lan about promoting agricultural insurance given that risks posed by natural disasters will only rise.
Kathmandu, The Ministry of Agriculture and Livestock has introduced a revised procedure for providing subsidies on crop and livestock insurance, reducing the percentage of the insurance premium subsidies that were previously available.
In the aftermath of Hurricane Helene, which devastated communities, homes, farms and businesses across parts of the Southeast, the U.S. Department of Agriculture has deployed staff to assist with response and recovery efforts.
Amid discussions on the limitations of agricultural insurance in Puerto Rico, Agriculture Secretary Ramon Gonzalez Beiro has faced criticism for not taking steps to extend insurance coverage beyond hurricane-induced damages to include losses from storms.
The Regional Seminar on Agriculture and Fisheries Insurance successfully brought together representatives from Caribbean governments, agricultural experts, and private sector stakeholders at the Accra Hotel in Barbados from September 4 to 6, 2024. The meeting was funded by several stakeholders.
Damages from Hurricane Helene to farms and agricultural operations in Southwest Virginia could reach well over $125 million, according toVirginia Cooperative Extension.