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

15.10.2019 710 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
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.

08.09.2026

USA - Rokstone Agriculture hits $125 million as livestock demand grows

Five years of growth across 47 states points to a specialist market that standard carriers still largely avoid.

08.09.2026

USA - Changing Farm Economics Prompts Producers to Revisit Crop Insurance Coverage

Crop insurance is becoming a more strategic business decision for agricultural producers as tighter margins, high input costs, and ongoing market uncertainty drive renewed focus on risk management heading into the 2027 crop year, according to the Collaborating Associations of AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica), and Frontier Farm Credit.

08.09.2026

India - Karnataka Crop Insurance Failure Prompts Action Over 93 Farmers

Karnataka Deputy Chief Minister D.K. Shivakumar has directed officials to dismiss the secretary of a self-help cooperative society after crop insurance claims filed by 93 farmers from Ittanahalli village in Kalaburagi district’s Jewargi taluk were rejected because the premiums collected from them were not deposited with the District Central Cooperative Bank.

08.09.2026

India - Crop Losses Mount In Beed; Farmers Plan Protest

The Shetkari Hakka Morcha decided to stage a protest in Beed, demanding the immediate disbursement of the remaining crop insurance payments owed to farmers

07.09.2026

USA - Maui farmers brace for approaching storms after major crop losses in year of extreme weather

‘Oko‘a Farms owner Ryan Earehart didn’t know how badly Hurricane Lala had damaged his crops until weeks later when they struggled to produce. 

07.09.2026

Bhutanese Farmers Pioneer Hybrid Fencing to Combat Severe Wildlife Crop Damage

In a bid to secure food production and protect livelihoods, rural farmers in Bhutan are testing advanced universal hybrid fences to deter wildlife.