U.S. Department of Agriculture’s Risk Management Agency News

Critics Say Taxpayers’ $14B Guarantees Profit for Crop Insurers

Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer. Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to get federal cash for insuring farmers against loss of crops …

Risk Management Agency Starts Olive Program in 12 California Counties

The U.S. Department of Agriculture’s Risk Management Agency on Wednesday announced a new pilot insurance program for table and oil olives in 12 California counties beginning with the 2012 crop year. The sales closing date is Jan. 31, 2012. The …