Kansas farmers have claimed nearly $1 billion in insurance to offset crop losses caused by the lingering drought.
The federal government says that breaks a Kansas record of $446.8 million for drought claims set in 2002, and more claims are expected.
The U.S. Department of Agriculture said in its weekly update that it had paid $987.3 million to Kansas farmers so far for withered wheat and fall crops.
Rebecca Davis, director of the USDA’s Topeka office, says she expects the payout amount to reach $1 billion.
The Hutchinson News reports the drought is going into its second year in Kansas. Besides the lack of rainfall, there were nearly 50 days of triple-digit temperatures this summer.
Topics Trends Claims Agribusiness Kansas
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
