Larry Casey, Farmers Mutual Hail Insurance, spoke with Chuck Zimmerman, AgWired, while at Develop with Deere about integrating precision data with the crop insurance industry to provide a better experience for growers. Farmers Mutual Hail, Insurance Company of Iowa. acquired the crop insurance business from John Deere earlier this year. They’ve been working the last 6 months to transition the … Read More
How Insurance, Conservation Can Work Together
Crop insurance provides an important risk management tool for farmers, especially in the short term. Conservation practices look to the long term to reduce farmers’ risks. Our friends at Farm Foundation will hold another one of their free forums on Thursday, Oct. 8, to examine how the relationship of crop insurance and conservation practices has evolved over the years, and … Read More
USDA Expands Farm Safety Net
Agriculture Deputy Secretary Krysta Harden has announced that Whole-Farm Revenue Protection insurance will be available in every county in the nation in 2016. The USDA is also making changes to help a variety of farmers and ranchers, such as beginning, organic, and fruit and vegetable growers, get more use of Whole-Farm Revenue Protection. “Whole-Farm Revenue Protection insurance allows producers who have previously had … Read More
Farmers Fund $14 Billion of Farm Safety Net in 2014
$10 billion were shouldered by farmers who filed crop insurance claims in 2014 as deductible losses, according to the National Crop Insurance Services. That number, combined with the $3.9 billion spent to buy insurance, means farmers absorbed $14 billion, well in excess of the $9 billion in indemnity payments in rural America. NCIS President Tom Zacharias explains how this is … Read More
Data Is Available & It Is Accurate
During the 2015 annual meeting for the Crop Insurance and Reinsurance Bureau, a panel was formed to talked about the impact of big data on crop insurance. One of those panelist was Deb Casurella with MyAgData and Chuck caught up with her as she shared her insights into this rapidly evolving industry. “We take data from the tractor and tie … Read More