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Below you'll find a list of all posts that have been categorized as “Insurance”
The U.S. Department of Agriculture (USDA) is expanding crop insurance options for some specialty and organic growers beginning with the 2025 crop year. USDA’s Risk Management Agency (RMA) is allowing enterprise units (EUs) by organic farming practice, adding enterprise unit eligibility for several crops, and making additional policy updates. The following changes impacting citrus will be made beginning with the …
By Ariel Singerman Federal crop insurance is a key component of the farm safety net because it allows growers to obtain coverage against losses and, therefore, manage risk at a subsidized premium rate. In 2022, the U.S. Department of Agriculture Risk Management Agency (RMA) started offering Florida citrus growers the option to insure their crop under a policy called Actual …
The U.S. Department of Agriculture (USDA) has expanded its Nursery Value Select (NVS) crop insurance program to all counties in all states. The USDA Risk Management Agency (RMA) is encouraging interested nursery producers to learn more about the program through upcoming informational workshops. There are three NVS workshops — two on April 18 and one on July 18. Get the …
The U.S. Department of Agriculture (USDA) announced a new crop insurance program designed for agricultural producers who use controlled environments as a major part of their operations. The Controlled Environment program from USDA’s Risk Management Agency (RMA) is specifically for plants grown in fully enclosed controlled environments. It provides coverage against plant diseases subject to destruction orders. The Controlled Environment …
The final date to apply for Florida citrus tree and fruit crop insurance coverage for the 2023 crop year is April 15. Current policyholders who wish to make changes to their existing coverage also have until the April 15 to do so. Federal crop insurance is critical to the farm safety net, according to the U.S. Department of Agriculture’s Risk …
After hearing directly from agricultural producers, the U.S. Department of Agriculture (USDA) is expanding its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement with a Tropical Storm Option. USDA’s Risk Management Agency (RMA) will offer this option for the 2023 crop year. “During the past few years, many farmers have felt the impacts of tropical activity, and it’s important that we offer …
By Ariel Singerman During the 2021–22 citrus season, the Risk Management Agency (RMA) started offering a new option to Florida citrus growers for insuring their crop. The policy is called Actual Production History (APH) and provides coverage for yield losses based on a farm’s historical records. While the Whole Farm Revenue Protection (WFRP) policy also uses farm records as a …
The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) reminds Florida citrus tree and fruit growers that the final date to apply for crop insurance coverage for the 2022 crop year is April 15. Current policyholders who wish to make changes to their existing coverage also have until the April 15 sales closing date to do so. Federal crop …
The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) recently announced a new crop insurance hurricane endorsement and an improved citrus crop insurance plan. The hurricane endorsement, Hurricane Insurance Protection – Wind Index (HIP-WI), covers a portion of growers’ underlying crop insurance policy deductible when their county is within or adjacent to the area of sustained hurricane-force winds. HIP-WI is …
Ray Royce, executive director of the Highlands County Citrus Growers Association, has an important reminder: “Tomorrow, April 15, is the closing date to have your Multiple Peril Crop Insurance policy for citrus in place for the upcoming year.” Royce reminds growers, “If you received, or are expecting to receive in the future, any hurricane relief funds, one of the primary …
