The Montana State Hail Board will meet at 10:00 am on Wednesday, Nov. 30 at the Heritage Inn in Great Falls to review the 2016 hail year.
“The state hail insurance program has been protecting Montana farmers for 100 years,” said Ron de Yong, Montana Department of Agriculture director. “This past year was a tough hail year for many folks, which only underscores the importance of this program.”
The board meeting will be held on Wednesday, November 30 at 10:00 am at the Heritage Inn in Great Falls (1700 Fox Farm Rd). An agenda is available on the department’s public notice website.
The 2016 hail year was tough on many producers. 1108 policies were issued with $69,827,675 risk written. There were 513 losses, with $9,150,881 paid in claims.
The Montana State Hail Insurance program was created at the request of producers in 1917 to provide basic hail insurance coverage on any crop grown in Montana. The program is directed by a five-member board consisting of three producers appointed by the governor, the department director, and the state insurance commissioner.
Source - http://www.agweek.com
