Comments on: Crop Insurance For All Farmers http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/ The American Association of Crop Insurers Thu, 11 Mar 2010 03:04:38 +0000 http://wordpress.org/?v=2.7 hourly 1 By: David Graves http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/comment-page-1/#comment-439 David Graves Thu, 29 Mar 2007 11:55:17 +0000 http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/#comment-439 Great question, Jerry. Actually, the Federal Crop Insurnce Program has been around since 1938. However, only since 1980 has the government partnered with the private sector insurance industry to design and promote crop and livestock coverage options to farmers, ranchers and growers across the nation. Today, 16 companies are approved to participate with the Department of Agriculture in this program. Companies are free to choose where among the 50 states to conduct business. Two of the currently approved companies operate in all 50 states. There is no limit on the number of companies that can apply to participate, however, each applicant must be reviewed and approved by the Federal Crop Insurance Corporation (FCIC)[http://www.rma.usda.gov/fcic], an entity managed by the Risk Management Agency (RMA) [http://www.rma.usda.gov] of the Department of Agriculture (USDA). Great question, Jerry. Actually, the Federal Crop Insurnce Program has been around since 1938. However, only since 1980 has the government partnered with the private sector insurance industry to design and promote crop and livestock coverage options to farmers, ranchers and growers across the nation. Today, 16 companies are approved to participate with the Department of Agriculture in this program. Companies are free to choose where among the 50 states to conduct business. Two of the currently approved companies operate in all 50 states. There is no limit on the number of companies that can apply to participate, however, each applicant must be reviewed and approved by the Federal Crop Insurance Corporation (FCIC)[http://www.rma.usda.gov/fcic], an entity managed by the Risk Management Agency (RMA) [http://www.rma.usda.gov] of the Department of Agriculture (USDA).

]]> By: Jerry http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/comment-page-1/#comment-437 Jerry Thu, 29 Mar 2007 02:31:54 +0000 http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/#comment-437 This sounds like an interesting concept, but I am wondering how crop insurance will be available across such a broad-spectrum industry. Will one company be selling insurance to all types of farmers in all parts of the country, or will it need to be more specialized than that? Jerry www.leads4insurance.com This sounds like an interesting concept, but I am wondering how crop insurance will be available across such a broad-spectrum industry. Will one company be selling insurance to all types of farmers in all parts of the country, or will it need to be more specialized than that?

Jerry
http://www.leads4insurance.com

]]> By: Dr. G S Rao http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/comment-page-1/#comment-5 Dr. G S Rao Sat, 13 Jan 2007 17:06:50 +0000 http://www.cropinsurers.com/blog/2007/01/11/crop-insurance-for-all-farmers/#comment-5 It is great idea! We appriciate and optimistic to see that this proposal to reach each and every farmer across all the corners of the world. It is great idea! We appriciate and optimistic to see that this proposal to reach each and every farmer across all the corners of the world.

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