Pennsylvania is setting up programs to help educate some 4,000 farmers about crop insurance and risk management issues.
Agriculture Secretary Dennis Wolff announced that Pennsylvania won a $754,000 grant from the U.S. Department of Agriculture to educate producers on crop insurance opportunities in 2006.
The Department of Agriculture will partner with the USDA, Pennsylvania State University and others to reach more than 4,000 producers. The grant will fund crop insurance workshops, presentations, trade shows, one-on-one meetings and promotional efforts through print and broadcast outlets.
The Pennsylvania Department of Agriculture says it is the only state agriculture agency in the nation to develop and own a crop insurance product. AGR-Lite was created by the department in response to many farmers not having traditional products available for their farms. This whole-farm product is an umbrella policy designed for specialty crop and diversified farm operations. Seventeen other states offer AGR-Lite products under the ownership and oversight of Pennsylvania.
Crop insurance has paid $127 million in loss payments to Pennsylvania producers in the last five years, representing a $4 return on each dollar invested, according to state officials.
Source: Pennsylvania Department of Agriculture
Topics Trends Agribusiness Pennsylvania
Was this article valuable?
Here are more articles you may enjoy.
‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy 

