THE FUNDAMENTALS OF FEDERAL CROP INSURANCE

Hunter D Biram ( 2023 )

Summary

Why the crop insurance industry is structured the way it is today. Crop insurance as a federal program dates to 1938, five years after the passage of the 1933 farm bill under Franklin D. Roosevelt. Covered crops and the types of insurance have changed drastically over time to provide the risk management tools we now have available. The overarching story centers around the actuarial performance of U.S. crop insurance and its success hinging on the participation of producers

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Details

Organization

University of Arkansas Cooperative Extension Service

Publisher

University of Arkansas

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22

Material Type

Presentation