The new Supplemental Agricultural Disaster Assistance (SURE) program, established by the 2010 Farm Bill, mandates disaster payments for individual farms that experience crop losses in excess of 50% of their average production, whether or not those farms are located in regions affected by...

Agricultural insurance in developed countries originates in named peril products that were originally offered by private companies approximately two hundred years ago, first in Europe and then in the United States. Today, many agricultural insurance products are offered, most of them heavily...