USA - Crop Insurers Celebrate Past Success, Set Sights on Future

16.02.2016 381 views
Crop insurers and farmers have shouldered their share of challenges in recent years, ranging from an historic drought to lower-than-expected financial returns, legislative debates, and implementing a new Farm Bill. But Tim Weber, chairman of the American Association of Crop Insurers and National Crop Insurance Services, said today that those challenges have only strengthened crop insurance providers and better equipped them for the future. “I believe crop insurance is stronger today for the obstacles it has faced in recent years and most importantly, it is ready to meet tomorrow’s challenges,” he told colleagues at the industry’s annual conference. Weber, who is coming to the end of his term as chairman, used his remarks to reflect back on lessons learned during pivotal years within the industry – a time, he said, when teamwork and building alliances was emphasized. “Overall, I am very proud of what we have accomplished,” he said. “These accomplishments were the result of a hard-working, talented workforce that was willing to work together as [insurance providers], agents, adjusters, and industry allies to overcome attempts to weaken our farmers’ and ranchers’ most important risk management tool.” Weber noted that, despite crop insurance’s past successes and its popularity with farmers, agriculture’s opponents will continue to criticize the farm safety net. He pointed to the recent Bipartisan Budget Act of 2015, which sought to cut $300 million a year from crop insurance, as proof of that criticism and how rural America must counter it. “Farmers from across the country came to our defense…as did the agent force, the lending community, input providers, Main Street businesses, the conservation world, and leading voices from academia,” he explained. “Notwithstanding this level of support…we would never have won this battle if not for the leadership of key lawmakers who were not bashful about standing up for agriculture.” Weber urged the group to remain vigilant moving forward by focusing on industry cooperation and collaboration with third-party allies. He also urged insurers to invest time and resources in the political process as a way to blunt future critiques. “We need all Members of Congress to hear directly from their constituents regarding the importance of maintaining an effective crop insurance program,” he concluded. “After all, every person in this country benefits from a dynamic, financially healthy agricultural industry. Not only does it provide a dependable supply of domestically grown food, fuel, and fiber, but it also supports economic and job growth.” Source - cropinsuranceinamerica.org/
26.05.2026

“Timac Agro Ukraine” launches crop insurance against drought

Timac Agro Ukraine, in collaboration with the insurance company PZU, has launched a crop insurance program against drought for farmers in five regions of Ukraine. 

26.05.2026

Hansen announces "dialogue with the EIB on new agricultural insurance models"

Integrated European framework for climate resilience 'is on the way'.

26.05.2026

Nigeria - Oyo Steps up Enforcement Against Illegal Livestock Trading, Open Grazing

The Oyo State Government has stepped up enforcement against illegal livestock trading and open grazing, arresting offenders and impounding animals in parts of Ibadan during a fresh compliance operation.

26.05.2026

Philippines - Tacloban braces agri, health mitigation measures amid looming super El Niǹo

The City Government of Tacloban has intensified its preparations and mitigation measures as the threat of a possible Super El Niño continues to loom over several parts of the country, bringing concerns over prolonged dry spells, water shortages, and impacts on agriculture and public health.

26.05.2026

India - Punjab Govt Deploys 500 Teams for Special Girdawari as Rains Damage Wheat

In Punjab, to calculate the damage done to the standing crops in the fields due to the inclement weather for the last many days, the state government has formed teams of 500 officials from the agriculture department to assess losses.

26.05.2026

Brazil - Agricultural insurance plummets in Paraná, putting the sector at risk.

Cevio Alberto Mengarda, a soybean and corn producer in Marechal Cândido Rondon, in the western region of Paraná, followed in his father's footsteps in agriculture and today manages the family property. 

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.