FMH Adds Dairy Revenue Protection to Farm Insurance Solutions

Cindy Zimmerman

Farmers Mutual Hail Insurance Company of Iowa (FMH) will begin offering the federal crop insurance product Dairy Revenue Protection (DRP) beginning this July, further expanding FMH’s Complete Farm Insurance Solutions™ product suite. DRP protects against losses in milk revenue caused by changes in market prices and production, giving dairy producers peace of mind when it comes to the challenge of …

Crop Insurance, Dairy

Climate Change and Risk Management

Carrie Muehling

Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam spoke at the 2020 Crop Insurance and Reinsurance Bureau Annual Meeting about the impact of weather and climate change on risk management and an initiative he is spearheading at the Commission. “In my view, it’s critical to have private sector and public sector participants, a public-private partnership, contributing to this evolving, but …

Audio, Crop Insurance, Futures

CIRB Hemp Perspectives

Cindy Zimmerman

One of the most timely sessions at the Crop Insurance and Reinsurance Bureau annual meeting last week was Hemp Perspectives, moderated by CIRB Executive VP Michael Torrey. The session offered a look at the volatile world of the new U.S. hemp industry through the eyes of a processor, a farmer and an insurance provider. Steve Bevan, president of GenCanna Global, …

Audio, Cannabis, CIRB, Crop Insurance, hemp

CIRB Emerging Leaders Class Grows

Carrie Muehling

The Crop Insurance and Reinsurance Bureau (CIRB) named 13 industry professionals to its 2019-2020 Emerging Leaders Program (ELP) class. In its 5th year, this is the largest class to date, with participants selected from CIRB’s membership. The program gives the opportunity for selected professionals to increase their knowledge of advocacy and communications while providing networking experiences with industry leaders. Most …

Audio, CIRB, Crop Insurance

CIRB Still Growing Together After 56 Years

Cindy Zimmerman

The 56th annual Crop Insurance and Reinsurance Bureau (CIRB) ended on a high note Friday after an informative two days of presentations on important industry topics such as the farm economy, trade, climate change, and hemp. The theme of the meeting this year was “Together we Grow” and CIRB Executive Vice President Mike Torrey says one area where the organization …

Audio, CIRB, Crop Insurance

Crop Insurance Update from USDA RMA at CIRB

Cindy Zimmerman

USDA Risk Management Agency (RMA) Administrator Martin Barbre gave an update to Crop Insurance and Reinsurance Bureau (CIRB) members during their annual meeting last week. One of the big topics of discussion was the recently announced availability of two programs that protect hemp producers’ crops from natural disasters. “We’re trying to get to a level where we can insure producers’ …

Audio, Cannabis, CIRB, Crop Insurance, USDA

CIRB Honors Sen. Roberts for Crop Insurance Support

Cindy Zimmerman

The “Father of the Modern Crop Insurance Program” was honored today for his lifetime of service to farmers and the industry by the Crop Insurance and Reinsurance Bureau (CIRB). CIRB Chairman, Zane Vaughn of ARMtech, presented Senate Agriculture Committee Chairman Pat Roberts (R-KS) with the crop insurance industry’s Lifetime Achievement Award. Chairman Roberts is the only Member of Congress to …

Audio, CIRB, Crop Insurance, Crop Protection

Farm Groups Defend Crop Insurance Budget

Cindy Zimmerman

Sixty organizations, including a majority of the nation’s farm groups, sent a letter this week to the House and Senate Budget Committees, as well as Agriculture Secretary Sonny Perdue, urging them to protect crop insurance during the budget process in recognition of its central importance to farmers and the rural economy. “Cuts to crop insurance during this difficult time for …

Ag Group, Audio, CIRB, Crop Insurance

Crop Insurance Industry Stable in 2019

Cindy Zimmerman

The latest crop insurance industry outlook shows a stable picture right now, according to a presentation at last week’s Crop Insurance and Reinsurance Bureau (CIRB) annual meeting in San Diego. “The crop insurance industry should be feeling pretty good about its current state, and stability is how we’d describe it,” said Steve Webersen, Head of Insurance Research at Conning, Inc. …

Audio, CIRB, Crop Insurance

CIRB Emerging Leaders Program is Growing

Cindy Zimmerman

The Crop Insurance and Reinsurance Bureau (CIRB) Emerging Leaders Program just keeps growing. The 2018-19 CIRB ELP class includes: Back row – RJ Brinkmeyer – Farmers Mutual Hail Ryan Kramer- Farmers Mutual Hail Bret Keeler- ARMtech Insurance Services John Haldy – Guy Carpenter Kevin Boeckenstedt – Crop Risk Services Front row – Bryce Benson – American Farm Bureau Insurance Service …

Audio, CIRB, Crop Insurance