Government Support to Agricultural Insurance

Government Support to Agricultural Insurance PDF Author: Olivier Mahul
Publisher: World Bank Publications
ISBN: 0821382195
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Governments in developing countries have been increasingly involved in the support of agricultural (crop and livestock) insurance programs in recent years. In their attempts to design and implement agricultural insurance, they have sought technical and financial assistance from the international community and particularly from the World Bank. One of the recurrent requests from governments regards international experience with agricultural insurance, not only in developed countries, where in some cases agricultural insurance has been offered for more than a century, but also in middleand low-income countries. Governments are particularly interested in the technical, operational, financial, and institutional aspects of public support to agricultural insurance. 'Government Support to Agricultural Insurance' informs public and private decision makers involved in agricultural insurance about recent developments, with a particular focus on middle- and low-income countries. It presents an updated picture of the spectrum of institutional frameworks and experiences with agricultural insurance, ranging from countries in which the public sector provides no support to those in which governments heavily subsidize agricultural insurance. This analysis is based on a survey conducted by the World Bank s agricultural insurance team in 2008 in 65 developed and developing countries. Drawing on the survey results, the book identifies some key roles governments can play to support the development of sustainable, affordable, and cost-effective agricultural insurance programs.

Economics of Agricultural Crop Insurance: Theory and Evidence

Economics of Agricultural Crop Insurance: Theory and Evidence PDF Author: Darrell L. Hueth
Publisher: Springer Science & Business Media
ISBN: 9401113866
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
Government subsidized crop insurance has been used by a number of developed countries as a mechanism to reduce farm income instability by reducing yield risks. This book provides an in-depth analysis and evaluation of government provided crop insurance in developed countries. The book is organized into three sections: Part one presents background material on crop insurance programs in the U.S., Canada and selected other countries. Part two provides some analytical models of multiple peril crop insurance which suggest the possibility of modification of design which could improve performance and which explores theoretical linkages between crop insurance decisions and other producer decisions previously not analyzed. The main part of the book is Part three, where the results of a series of empirical studies using databases particularly designed to answer crop insurance questions are presented. This part of the book tests a number of the hypotheses which were raised in Parts one and two regarding reasons for the view widely held by economists that crop insurance has not functioned well.

Review of the Administration's Federal Crop Insurance Reform Proposal

Review of the Administration's Federal Crop Insurance Reform Proposal PDF Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Environment, Credit, and Rural Development
Publisher:
ISBN:
Category : Crop insurance
Languages : en
Pages : 408

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Book Description


Crop Insurance

Crop Insurance PDF Author: Alexa B. Verderosa
Publisher:
ISBN: 9781536152746
Category : Crop insurance
Languages : en
Pages : 263

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Book Description
Since its inception in 1938, the program has evolved from an ancillary program with low participation to a central pillar of federal support for agriculture. As the program has grownin types of insurance policies, breadth of crops covered, and millions of acres enrolledso has the cost of the program to the federal government. The first two chapters provide an overview of the federal crop insurance program. Chapter 3 focuses entirely on delivery subsides and explains how delivery subsidies are calculated, the limitations of publicly available data on the actual delivery expenses of Approved Insurance Providers (AIPs), and how AIPs spend delivery subsidies. In 2010, USDA negotiated an agreement with insurance companies to set a national cap on the annual payments it makes to them for expenses and a target rate of return. Chapter 4 examines (1) the changes in expense payments to companies due to the cap, (2) the extent to which the programs target rate of return reflects market conditions, and (3) opportunities for the federal government to reduce its delivery costs for the program. Before the Agricultural Act of 2014 cotton was eligible for most Federal farm programs. The 2014 Farm Act eliminated multiple programs, including the Direct and Countercyclical Program, while introducing several new programs, including the Supplemental Coverage Option (SCO), and Stacked Income Protection Plan (STAX). Chapter 5 focuses on the two new programs for cotton and examines the mechanics of the programs and their revenue impacts. Catastrophic coverage for noninsurable crops, known as the Noninsured Crop Disaster Assistance Program (NAP), has been available since the Federal Crop Insurance Reform Act of 1994. Chapter 6 examines the effects of the 2014 NAP policy change. Crop insurance premium subsidies are an important part of Compliance incentives under the 2014 Act. Farm program benefits under the 2014 Act could be as high or higher than under the 2008 Farm Act; but for individual farms, the shift toward a crop insurance-oriented policy could increase or decrease Compliance incentives as reported in the last chapter.

Federal Crop Insurance

Federal Crop Insurance PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on S. 1397
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 238

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Book Description


Federal crop insurance and disaster assistance programs

Federal crop insurance and disaster assistance programs PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Agricultural Production, Marketing, and Stabilization of Prices
Publisher:
ISBN:
Category : Crop insurance
Languages : en
Pages : 104

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Book Description


To Amend the Federal Crop Insurance Act

To Amend the Federal Crop Insurance Act PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry
Publisher:
ISBN:
Category : Crop insurance
Languages : en
Pages : 80

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Book Description


Amendment to Federal Crop Insurance Act

Amendment to Federal Crop Insurance Act PDF Author: United States. Congress. House. Committee on Agriculture
Publisher:
ISBN:
Category : Agricultural insurance
Languages : en
Pages : 18

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Book Description


Crop Insurance Extension

Crop Insurance Extension PDF Author: United States. Congress. House. Committee on Agriculture
Publisher:
ISBN:
Category : Agricultural insurance
Languages : en
Pages : 52

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Book Description


Review of the Federal Crop Insurance Program

Review of the Federal Crop Insurance Program PDF Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Risk Management and Specialty Crops
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

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Book Description