private Crop Insurance

Crop insurance could cost American taxpayers record amounts

Droughts and floods could require $15 billion in U.S. taxes to subsidize this year’s program. Taxpayers in the United States may be facing a record…

US drought 2012

Crop insurance comes under fire in the midst of U.S. drought

Drought highlights the controversy surrounding crop insurance The worst drought in 60 years has established a stranglehold in the U.S. The severity and persistence of…

AIR Worldwide Launches Multiple Peril Crop Insurance Model for China

Catastrophe risk modeling firm AIR Worldwide (AIR) released the industry’s first Multiple Peril Crop Insurance (MPCI) Model for China. The new model provides a fully…

Texas wildfires wreak havoc on citizens and the insurance industry

Texas is battling a raging wildfire that has broken out in Bastrop, Hays, Travis and Williamson counties. The fires have already scorched more than 100,000…

U.S. to be a “weather-ready” nation as the federal government takes measures to guard against destructive weather

To date, the cost of natural disasters befalling the U.S. has reached $35 billion. The year is not yet over and the National Oceanic and…