Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according to a government watchdog’s report released on Monday. …
Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report …
A pilot insurance program is being offered to West Virginia livestock producers to help manage financial risk. The Rainfall Index Pasture, Rangeland, Forage program’s payments aren’t based on single weather stations or individual rain gauges. Instead, the program uses a …
U.S. Agriculture Department has announced new supplemental coverage for North Dakota crops through the federal crop insurance program. U.S. Sen. John Hoeven said the department’s Supplemental Coverage Option will include corn and barley for all North Dakota counties in the …
A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance. The …
A South Dakota farmer is charged in federal court with three counts of filing false crop insurance claims. Fifty-two-year-old Nicholas Berbos has pleaded not guilty to the charges. Trial is scheduled May 13 in Aberdeen. The indictment accuses Berbos of …
The White House threatened to veto a five-year farm bill on Thursday because of “unacceptable deep cuts” in food stamps for the poor that could increase hunger across America. In a statement on the eve of debate in the House …
Starr Indemnity & Liability Co. has received approval from the Risk Management Agency of the United States Department of Agriculture to participate as an Approved Insurance Provider in the federal multi-peril crop insurance program for 2013. Starr Indemnity & Liability …
The owners of two South Dakota tree farms linked to a Federal Crop Insurance Program fraud case have agreed to pay the federal government $170,000 to settle the case. The payment settled allegations Black Hills Tree Farm and Western Hills …
Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million. According to authorities, Harry Dean Canady, 63, of Lumberton, N.C., owned …
