Principles for Reform of Catastrophic Natural Disaster Insurance
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The House Agriculture Committee held hearings in spring 2010 to review agricultural policy ahead of the next farm bill debate. Comments on crops insurance surfaced as farmers, academics, other panelists, and members discussed the farm safety net and the role of crop insurance. Previously, in spring 2009, the Subcommittee on General Farm Commodities and Risk Management of the House Agriculture Committee held a hearing to receive input on the crop insurance program from farmers. Based on the testimony, farmers appear to be generally satisfied with the overall crop insurance program and do not seek major changes. However, producer groups point...
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