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Effects of climate change driving crop insurance up – report

fintech news by fintech news
September 11, 2023
in Insurance
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EWG also found that about two-thirds of crop insurance payments were paid to farmers in just 10 states – California, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Texas. These farmers received $104.6 billion in indemnities between 2001 and 2022 – 65% of all indemnities paid. Farmers in just three states – Texas, Kansas and North Dakota – received $48.2 billion, accounting for nearly a third of all indemnities paid.



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Tags: agricultureClimate changecrop insurance
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