Uproar In Crop Insurance Industry

The crop insurance industry has been in an uproar over USDA’s proposed $6 billion cuts to the Standard Reinsurance Agreement (SRA) under federal crop insurance. As of July 12, USDA’s Risk Management Agency received signed SRAs from 16 private insurance companies. The sixteen companies who have signed the SRA are:

• Ace Property and Casualty Insurance Co.
• Agrinational Insurance Co.
• American Agri-Business Insurance Co.
• American Agricultural Insurance Co.
• Austin Mutual Insurance Co.
• Country Mutual Insurance Co.
• Farmers Mutual Hail Insurance Co. of Iowa
• Great American Insurance Co.
• Hudson Insurance Co.
• NAU Country Insurance Co.
• Occidental Fire and Casualty Co. of North Carolina
• Producers Agriculture Insurance Co.
• Rural Community Insurance Co.
• Stonington Insurance Co.
• John Deere Insurance Co.
• XL Reinsurance America, Inc.

For more information, visit www.rma.usda.gov or www.cipatoday.org.

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