Hail Insurance

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Hail Insurance

An insurance policy that provides coverage for damage to agricultural crops due to hail. Hail insurance helps reduce the weather-related uncertainty that farmers experience. In the event of an insured loss, damaged crops are compensated for in proportion of the total crop. As with all insurance, one pays a premium for hail insurance coverage.
References in periodicals archive ?
We believe now is the time to accelerate growth by leveraging the strength of the XL platform and building upon the success of a regionally focused crop insurance model.
In an effort to provide what they term "more transparency" in the federal crop insurance program, three Democratic members of Congress are calling on Government Accountability Office Comptroller General Gene Dodaro to conduct a review of crop insurance payments.
Federal crop insurance began in 1938 as a focused program to correct certain perceived market failures.
It then outlines how to proceed with planning for crop insurance within the established boundaries.
of Agriculture's Risk Management Agency, which operates the Federal Crop Insurance Corp.
Barry Goodwin and Vincent Smith, agricultural economists from North Carolina State University and Montana State University respectively, do an excellent job presenting in clear and straightforward fashion the economic history and implications of the federal crop insurance and disaster aid program.
NEW YORK -- Scorching summer heat and widespread drought conditions are leading to questions regarding crop insurance losses for the property/casualty insurance industry.
House and Senate for pledging to reverse deep cuts to crop insurance that were included in the budget agreement to raise the nation's debt limit.
Global Banking News-April 13, 2015--Few Indian farmers have crop insurance
Seeking to concentrate on its core operations, Deere & Company has announced that it has reached a deal to sell its crop insurance arm to West Des Moines, Iowa-based Farmers Mutual Hail Insurance Company.
John Deere has appointed Citi to sell its crop insurance business, according to reporting by the industry publication, The Insurance Insider.