Items Tagged with 'Crop Insurance and Reinsurance Bureau'

USDA’s top climate adviser is trying to dispel concerns that the administration’s carbon spending will crowd out private investors. That’s a concern shared by some entities that are building private carbon credit markets.

Growers paid over $10 billion to insure almost 380 million acres in 2019. By year-end, crop insurance companies paid out almost $7.6 billion to cover losses and the numbers are expected to grow as all claims are finalized.

Reducing the rate of return for companies participating in the federal crop insurance program could result in significant savings, a new Government Accountability Office report concludes.