A central, but inadequately explored issue with respect to subsidized crop insurance programs concerns the costs of delivering insurance coverage to farmers. This study examines that issue in the context of the heavily subsidized US crop insurance program which has often been put forward as a...

This paper examines how agricultural insurance programs are treated under the World Trade Organization (WTO). Agricultural insurance programs have grown considerably over the past 25 years and now are an integral part of many domestic support programs, not just in developed countries, but in...

Natural disasters can be extremely disruptive to farmers and to others whose incomes depend on a successful crop. Society can gain from more efficient sharing of crop and natural disaster risks. However, the costs associated with traditional agricultural risk programs have historically exceeded...