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Below you'll find a list of all posts that have been tagged as “Hurricane Insurance Protection-Wind Index (HIP-WI)”

HIP-WI Payments Following Hurricane Debby

Dan August 26, 2024 Agri-Business, Economy, Funding, USDA-RMA

The U.S. Department of Agriculture (USDA) announced the counties that have triggered for payment under the Hurricane Insurance Protection-Wind Index (HIP-WI) endorsement for Hurricane Debby. Approved Insurance Providers (AIP) have 30 days to issue payments to producers. USDA’s Risk Management Agency (RMA) first offered HIP-WI for the 2020 hurricane season, and last year, the endorsement was expanded to include the …

USDA Expands Hurricane Insurance Protection

Dan February 15, 2023 Crop Insurance, Economy, USDA-RMA, Weather

Farmers may now be eligible for further protection against damaging tropical storms. After hearing directly from agricultural producers, the U.S. Department of Agriculture (USDA) is expanding its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement with a Tropical Storm Option. USDA’s Risk Management Agency (RMA) will offer this option for the 2023 crop year. RMA Administrator Marcia Bunger says during the past …

Court Says Genetically Engineered Organisms Must Be Regulated
The U.S. District Court for the Northern District of California recently ruled that genetically engineered (GE) organisms must be regulated. The ruling overturns a 2020 rule overhaul by the first Trump administration that had eliminated most government oversight over GE crops, trees and grasses. Genetic engineering is one of several routes researchers are taking to […]
Hurricane Milton Citrus Losses Could Reach $55 Million
The University of Florida Institute of Food and Agricultural Sciences (UF/IFAS) estimated Hurricane Milton citrus production losses are from $23.1 million to $55.2 million in Florida. The UF/IFAS Economic Impact Analysis Program (EIAP) stated that significant fruit drop was reported, especially on varieties that were ready for harvest. Impacted fruit included early oranges, tangerines and […]

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