Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an increase of nearly 40% over the previous year, according to an AM Best report. The new Best’s Market Segment Report, titled, “U.S. Crop Writers Benefit From Rising Commodity Prices and Innovation,” also states that private… Continue reading U.S. Crop Writers Post Record-High Premium Growth on Rising Commodity Prices and Innovation
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