The Agricultural Act of 2014 solidified insurance as the cornerstone of U.S. agricultural policy. The Congressional Budget Office (2014) estimates this Act will increase spending on agricultural insurance programs by $5.7 billion to a total of $89.8 billion over the next decade. In 2014, total government liabilities associated with the crop insurance program exceeded $108.5 billion. In light of...

Agro-meteorological index insurance can transfer the risks in the agricultural production, reduce the farmers' economic losses, and promote a sustainable development of agricultural production. However, traditional agricultural insurance with a single rate has the problems of the presence of adverse selection, the difficulty of determining premium rates and assessing the claims. As a new agricu...

In recent years, there have been observed increased costs of health care in Poland. The patient's out of pocket expenses on drug have grown too. To the above, the insurance companies have offered patients drug coverage insurance policies since recently. Drug insurance policy covers the cost of purchasing pharmaceutical products not reimbursed by the National Health Fund is a modern product on t...

in addition to its primary role of providing financial protection for other industries the insurance industry also serves as a medium for fund mobilization. in spite of the harsh economic environment in nigeria, the insurance industry has been crucial to the consummation of business plans and wealth creation.  however, the continued downturn experienced by many countries, in the last decade, se...

Agricultural production is subject to high risk associated with environmental and agro-ecological conditions. Farmers continuously make decisions to mitigate the various adversities. This study evaluates farm households’ willingness to pay for agricultural risk insurance intervention introduced in Ethiopia in 2009. A bidding game approach is used to elicit willingness-to-pay. We use a unique da...

abstract the purpose of this paper is to investigate the factors affecting adoption of agricultural crops insurance among apple growers in semirom and eghlid shahrestans and determining the best model. a survey was conducted using the stratified random sampling. data were collected by questionnaire from 240 adopters and 157 non – adopters. the results showed that adopters of insurance are more ...

This paper presents the results of a series of randomized …eld experiments conducted in villages in rural Gujarat. Rainfall insurance, an innovative risk-management tool, was marketed to farmers and agricultural laborers. We …rst examine what factors a¤ected takeup decisions. Wealth, education, risk-aversion, and the ability to understand probabilities are positively associated with take-up. We...

Deposit insurance was introduced in the United States during the Great Depression primarily to promote financial stability. Stability is enhanced because deposit insurance reduces the likelihood of a bank run. During its first four decades, deposit insurance appeared to work well as few banks failed. But in the 1980s, a wave of financial troubles in the banking and thrift industry exposed an un...