Philippines - NegOcc turns over almost P5-M crop insurance fund to PCIC

15.10.2019 476 views
The Negros Occidental provincial government has released PHP4.92 million to the Philippine Crop Insurance Corp. (PCIC) as additional allocation for farmers’ premiums. Governor Eugenio Jose Lacson turned over the check to PCIC Regional Manager Eva Laud during their meeting at the Provincial Capitol on Thursday, in the presence of Jose Ma. Torres, head of PCIC-Negros Occidental Provincial Extension Office, and Provincial Agriculturist Japhet Masculino. The Office of the Provincial Agriculturist (OPA) is implementing the Negros First Universal Crop Insurance Program (NFUCIP) in partnership with the PCIC. Earlier, Masculino said the Provincial Board approved the additional fund in July in the wake of the natural calamities affecting the province’s agriculture sector. He said calamities can happen anytime thus, it would be better if farmers are enrolled to be able to receive indemnity claims. Following the drought from January to June this year alone, the PCIC had distributed at least PHP64 million in claims to about 13,000 farmers in Negros Occidental. In the first half of the year, the province’s agriculture sector, excluding sugarcane, incurred production losses of about PHP174 million due to El Niño. After Tropical Storm Falcon, rice farmers also reported losses amounting to PHP17.7 million. A total of 1,584 farmers were affected, with 2,529 hectares of farms in 59 barangays of six localities in southern Negros. Under the NFUCIP, farmers may avail themselves of the PHP17,000 claim per hectare of damaged farms. The PHP840 enrollment premium per cropping season is shouldered by the provincial government as a loan. Source - https://www.pna.gov.ph
02.04.2026

USA - Court rejects crop insurance tech vendor's emergency bid to block USDA rule

The federal agency had greenlit the business model three times before reversing course.

02.04.2026

Ukraine plans to expand crop insurance program

The state crop insurance program in Ukraine is planned to be gradually scaled up and expanded to cover a wider range of crops. This was announced by the Minister of Economy, Environment and Agriculture Taras Vysotskyi, as reported by Latifundist.

02.04.2026

Indian hailstorms damage 14,809 hectares of grapes, pomegranates, and onions

Unseasonal rain and hailstorms have affected agricultural production in Baglan taluka, India, impacting multiple crops and farm operations. The event has affected 14,809 hectares (36,586 acres) of farmland and approximately 19,550 farmers.

02.04.2026

UNDP Partners with ATI to Build Sustainable Agricultural Insurance Systems in Tanzania

The United Nations Development Programme (UNDP), in partnership with the Association of Tanzania Insurers, has launched a new Technical Assistance initiative to strengthen agricultural insurance in Tanzania. 

02.04.2026

Kenya introduces invoice financing for fresh produce sector

Avenews, an agri-fintech company, and the Fresh Produce Consortium of Kenya have announced a partnership aimed at addressing cash flow constraints in Kenya's fresh produce sector.

02.04.2026

Romania ranks 1st in EU for sunflower; Agricultural crop production rises across all crops in 2025

Plant-based agricultural production increased in 2025 across all major crops, particularly due to higher yields per hectare, while the cultivated area expanded for most crops, according to provisional data published by the National Institute of Statistics (INS).

01.04.2026

India - Hailstorm damage: Lad orders crop survey, relief for farmers

Labour minister Santosh S Lad on Wednesday directed officials to complete the survey of agricultural and horticultural crops damaged by an unexpected hailstorm in villages across Kalghatagi taluk and other parts of the district and submit the report at the earliest to facilitate relief to farmers as per norms.

01.04.2026

USA - Stray Voltage Case Raises Legal and Insurance Questions for Dairy Producers

Farm legal expert Roger McEowen highlights the legal challenges surrounding stray voltage, a recent court decision, and what it means for agricultural producers.