Crop Insurers Can Handle Midwest Drought Losses: Fitch July 23, 2012 Analysts at Fitch Ratings say they believe the leading writers of crop insurance will be able to absorb any near-term...
Some Parts of Midwest Expecting Rain This Week July 23, 2012 Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a...
Severe Drought Includes Much of Nebraska, Iowa, Indiana July 20, 2012 The latest U.S. Drought Monitor map shows that severe drought affecting much of the Midwest and Great Plains now covers...
Exceptional Drought Area Worsens in Arkansas July 20, 2012 The area of Arkansas experiencing exceptional drought conditions has tripled from a week ago to nearly 11 percent of the...
Record Number of Farmers Expected to File Crop Insurance Claims July 20, 2012 By Ben Berkowitz and Tom Polansek The drought ravaging America’s prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in...
No Relief in Sight for Drought-Damaged Crops July 19, 2012 By Sam Nelson Midday weather updates on Wednesday indicate more hot, dry weather for the U.S. Midwest, where corn and soybean crops are...
China Reinsurance Company Licenses AIR’s Suite of Cat Models July 18, 2012 Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon,...
Worst Midwest Drought Since 1956 Expanding North, West July 17, 2012 By Sam Nelson An expanding U.S. drought, now deemed the worst since 1956, dealt another blow to the corn crop, with conditions deteriorating...
House Panel Balks at Senate Crop Insurance Reforms July 12, 2012 By Charles Abbott The U.S. House Agriculture Committee challenged two crop insurance reforms approved by the Senate, creating another farm-bill dispute with time...
Midwest Heat Wave Eases But Drought Threatens Corn Crop July 9, 2012 The withering U.S. corn crop is gaining some respite from a record heat wave this week but new weather forecasts...