Crop insurance is working as it was designed, insurers say

Planting season is near, and important crop insurance deadlines are closing in.

One major group says the scale of today’s programs highlights the need for reliable insurance options.

“Since 2019, crop insurers have made lost payments of more than 65 billion to help farmers recover from disasters. Most recently, crop insurance payments were among the first meaningful aid arriving to the areas along the east coast that were devastated by hurricanes in 2024, approximately $800 million of hurricane insurance protection and wind index endorsement payments were sent out quickly and far exceeded what policyholders paid for the coverage,” said Scott Arnold.

A couple of big crop insurance deadlines are coming up. The next major sales closing date for crop insurance is March 15th, and deadlines to apply for ARC and PLC both have been extended to April 15th.

Related Stories
With ransomware and other cybersecurity threats on the rise, the U.S. Small Business Association wants to help bolster the resources available to farmers and other rural Americans who operate small businesses.
U.S. Agriculture Secretary Tom Vilsack announced the USDA will help dairy producers dealing with High-Path Avian Flu (HPAI) H5N1 outbreaks in their herds.
Starting Monday, April 29, the USDA will require free avian flu (HPAI H5N1) testing on all dairy cattle before interstate travel. Positive cases must be directly reported to the USDA for tracing.
Since the Tennessee Main Street program’s inception in 2010, 78 rural commercial districts have been improved. These 12 new additions bring that total number up to 90.