USA - Farmers to get top-up payment from 14 insurers

03.10.2019 410 views

The U.S. Department of Agriculture announced Sept. 26 that producers currently participating in federal crop insurance who had in 2019 a payable prevented planting indemnity related to flooding, excess moisture or causes other than drought will automatically receive a “top-up” payment.

Producers will receive the payment from their approved insurance providers starting in mid-October.

Producers with Yield Protection and Revenue Protection with Harvest Price Exclusion will receive a 10% top-up payment, while producers with Revenue Protection will receive 15%.

They do not need to sign up to receive payments; all producers with a 2019 prevented planting indemnity will receive the top-up.

The crop insurance industry will deliver the payments as part of the additional supplemental appropriations for Disaster Relief Act of 2019. After the initial payment, additional payments will be made in the middle of each month as more prevented planting claims are processed.

The agency received commitments from all 14 approved insurance providers to deliver the top-up payments:

  • ACE Property and Casualty (Rain and Hail) Insurance Company
  • American Agri-Business Insurance Company
  • American Agricultural Insurance Company
  • CGB Insurance Company
  • Church Mutual Insurance Company
  • Country Mutual Insurance Company
  • Farmers Mutual Hail Insurance Company
  • Great American Insurance Company
  • Hudson Insurance Company
  • NAU Country Insurance Company
  • Producers Agricultural Insurance Company
  • Rural Community Insurance Company
  • Stratford Insurance Company
  • XL Reinsurance America Inc.
Source - https://www.farmanddairy.com
13.10.2025

Philippines - Government urges parliament to approve doubling the crop insurance subsidy

Philippines Congress is likely to consider a request from the government to double the crop insurance subsidy it pays to the country's farmers to PHP8bn in 2026 so that it covers up to 4.2m farmers. According to a news report on the news portal https://bilyonaryo.com most of these farmers are rice growers.

13.10.2025

Vietnam needs to update its insurance products to reach farmers

Insurance products must become more integrated into people’s daily lives. The responsibility of insurance companies is to serve as a shield for their customers, especially farmers who are among the most vulnerable groups.

13.10.2025

Crop weather index insurance market to hit $3.3b by 2029

The global crop weather index insurance market is expected to grow from $1.81b in 2024 to $2.04b in 2025, reflecting a compound annual growth rate (CAGR) of 13%

13.10.2025

Crop insurance based on weather stations and satellites is gaining ground globally

More and more growers and chain parties are using 'parametric climate insurance' instead of conventional weather insurance. This form of insurance is also gaining ground in Europe

13.10.2025

Turkish lemon farmers face 40% crop losses

Like many other Mediterranean countries, Türkiye has faced a rising number of extreme weather events in recent years, driven by accelerating global warming. Rural farming communities are bearing the brunt of these changes.

13.10.2025

Severe frost damages crops across 36 Turkish provinces

Between April 9 and 13, Turkey witnessed an agricultural event characterized by one of the most severe frost occurrences in recent history, affecting 36 provinces. This resulted in substantial damage to agricultural production, valued at approximately 21 billion Turkish lira (about $1.14 billion).

13.10.2025

EU should expand farm insurance as climate risk grows

The European Union should do more to help farmers manage the growing risks posed by climate change by expanding insurance coverage. The EU agriculture sector could see annual losses jump by as much as two-thirds by 2050 due to the increasing risk of drought and floods

13.10.2025

Armenian government will partially compensate farmers for hail damage

The Armenian government resolved to provide partial compensation to farmers for hail damage occurring in 2024-2025. In 2024, hail caused damage to 13,000 hectares, and in 2025, over 11,800 hectares were affected. Insurance companies are reluctant to enter into contracts, despite the government subsidizing insurance by 70-80% in 2025