Category: crop insurance
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The Business Side of Crop Insurance
<a href="http://www.washingtonpost.com/wp-dyn/content/article/2006/10/15/AR2006101500585.html">Crop Insurers Piling Up Record Profits</a><br />n<br />nYesterday the Post ran a story about crop insurance, disaster aid and farmers. Today the story is about the business of crop insurance and how the companies that sell it are making billions off taxpayer dollars.<br />n<br />n<blockquote>Last year, the companies made $927 million in profit, a…
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A Crop In Itself
<a href="http://www.washingtonpost.com/wp-dyn/content/article/2006/10/14/AR2006101400807.html?nav=rss_politics">Aid Is a Bumper Crop for Farmers</a><br />n<br />n<blockquote>In the spring of 2000, Congress decided to do something about its costly and politically driven practice of giving farmers a disaster payment each time a storm damaged their crops.<br />n<br />nThe lawmakers voted to use $8 billion in new taxpayer subsidies to help farmers buy…