The Canadian Crop Hail Association says despite reduced overall storm activity, more damaging storms resulted in a near-record level of hail insurance payments to farmers in Western Canada in 2021. With harvest wrapped up across the Prairies, the CCHA says payments totalled more than $322 million — the highest level since 2008. Premiums paid by… Read More
Tag: Canadian Crop Hail Association
Crop hail insurance claims in Western Canada were up around 50 percent in 2016 versus last year. The number of claims rose from 13,222 in 2015 to 19,854 in 2016, according to the Canadian Crop Hail Association’s final report for the season. It’s estimated payouts to farmers will total just over $256 million — well… Read More