insurance

Farm Bureau now offers Dairy Revenue Protection insurance

· August 9, 2018

American Farm Bureau Insurance Services hopes to bring a new level of support to a dairy sector that has been battered by losses over the past four years. AFBIS’ Dairy Revenue Protection insurance policy, available by early October, covers potential revenue loss over five quarterly insurance periods. The insurance product was developed by American Farm […]

Is your drone covered in your commercial insurance policy?

· July 17, 2018

Drones may be the ears and eyes of your farm but are they covered under your current commercial insurance policy? Three in four U.S. farmers (74%) are currently using or considering adopting the technology to assess, monitor, and manage their farm according to an April 2018 Munich Reinsurance America, Inc. survey of 269 U.S. farmers. […]

Farm Bureau now offers Dairy Revenue Protection insurance

· May 3, 2018

The American Farm Bureau Federation, in cooperation with American Farm Bureau Insurance Services, has developed a new risk-management insurance product for dairy farmers. Approved by the Agriculture Department’s Federal Crop Insurance Corporation, “Dairy Revenue Protection” will provide dairy farmers the opportunity to manage risk by focusing on revenue from milk sales. “We know that the […]

New York Senator introduces Dairy Premium Refund Act

· February 6, 2018

A U.S. Senator from New York has announced new legislation, the Dairy Premium Refund Act, to return insurance premiums to farmers who paid millions of dollars for an insurance program she says that left them empty-handed when milk prices plummeted. Senator Kirsten Gillibrand’s legislation would ensure that dairy farmers automatically receive a check in the […]

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