CLINTON SEEKS APPLE INSURANCE:

June 21, 2004

U.S. Sen. Hillary Rodham Clinton of New York has joined with her Senate colleagues in a campaign to improve crop insurance coverage for all apple growers in New York and across the country. In a letter to Agriculture Secretary Ann Veneman, Clinton and her colleagues urged the USDA’s Risk Management Agency to amend its proposed apple crop insurance policy to allow growers to take out separate insurance policies on their orchards. According to the senators, the present proposal could leave growers at risk of losing substantial amounts of money if their crops are damaged because they cannot take out individual insurance policies that are appropriate for the different types of apples they grow. Clinton said. “Bottom line, the current policy is inappropriate and it puts our apple growers at risk of significant financial losses,” Clinton said. Additionally, Clinton and her colleagues are urging the USDA’s Risk Management Agency to add optional coverage for U.S. No. 1 Fresh and U.S. Extra Fancy grades to the policy.

Topics USA

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Insurance Journal Magazine June 21, 2004
June 21, 2004
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