Crop Insurers Comment on President’s Proposed Budget
The American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau, Crop Insurance Professionals Association, Independent Insurance Agents and Brokers of America, National Association of Professional Insurance Agents, and National Crop Insurance Services released the following joint statement in response to the White House’s proposed FY2018 budget.
Tom Zacharias Interview on AgriTalk – December, 2014
“If you look over the last couple of years, we have faced some headwinds. Take the situation in 2012 with the extensive drought we had in the Midwest. Last year, when we had the swing in prices and a lot of other revenue policies kicked in, so there were indemnities paid there. The last couple […]
Joint Statement on Farm Bill Conference Committee Report
Contact: Laurie Langstraat, NCIS – 913-685-2767 (January 28, 2014) – American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau and National Crop Insurance Services, in response to the Farm Bill conference committee filing its conference report last night, released the following statement: “We are pleased that Senate and House conferees have reached a bipartisan […]
NCIS Responds to OIG Prevented Planting Report
Contact Laurie Langstraat, 913-685-2767 The following statement regarding the USDA/OIG report “RMA: Controls Over Prevented Planting” should be attributed to Tom Zacharias, president, National Crop Insurance Services. “Prevented planting is a potentially devastating situation which is why many farmers purchase crop insurance to help mitigate the risk. It is important that preventing planting coverage provisions […]
NCIS Responds to Bloomberg News Series on Crop Insurance
Contact Laurie Langstraat, 913-685-2767 The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services, in response to the Bloomberg News series on crop insurance: “Over the last decade, elected officials, financial institutions, farm leaders and farmers have reached a general consensus that crop insurance is the best risk management tool available. […]
NCIS Responds to Bloomberg News Story
Contact: Laurie Langstraat, 913-685-2767 The following statement should be attributed to Tom Zacharias, president, National Crop Insurance Services and is in response to the Bloomberg News story “Taxpayers turn U.S. farmers into fat cats with subsidies”: “The primary reason behind the growth and success of crop insurance over the last decade is that farmers, farm […]
NCIS Responds to Environmental Working Group’s Accusations – May 1, 2013
A recent report prepared by Bruce Babcock and funded by the Environmental Working Group calls crop insurance “a bloated, taxpayer-funded income support program” and that farmers are profiting from the 2012 drought because of crop insurance. Is this true? Absolutely not. It should come as no great surprise that the recent EWG report prepared by […]
NCIS Responds to Chicago Tribune Editorial
It is unfortunate that the Chicago Tribune would choose to criticize crop insurance, a new hybrid of private-public risk management that is saving taxpayers lots of money and shielding them from risk (“Farm Bill? Later. Political gridlock may save U.S. from bad farm legislation,” Editorial, Sept. 17). In the past, agriculture disasters like this year’s […]
NCIS Responds to American Enterprise Institute
The American Enterprise Institute (AEI) released a paper in September 2012 claiming potential costs of $20 billion per year for the Price Loss Coverage (PLC) and Supplemental Coverage Option (SCO) programs in the Congressional 2012 Farm Bill proposals. The release is apparently intended to create alarm over potentially high costs of future farm policy. Unfortunately, […]
NCIS Responds to August 10, 2012, USDA Crop Progress Report
The following statement is in response to the August 10 USDA Crop Report. The statement should be attributed to Thomas P. Zacharias, president, National Crop Insurance Services. “As expected, the Agriculture Department lowered the corn and soybean production forecast in its August 10 crop production report released today, due to heat stress and extreme drought […]
