Examining the Health of the U.S. Crop Insurance Industry

dc.contributor.author Babcock, Bruce
dc.contributor.author Babcock, Bruce
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2018-02-16T18:02:23.000
dc.date.accessioned 2020-06-30T04:53:41Z
dc.date.available 2020-06-30T04:53:41Z
dc.date.embargo 2015-07-13
dc.date.issued 2015-07-20
dc.description.abstract <p>In late September the Risk Management Agency (RMA) of USDA released the results of commissioned studies that calculated the rate of return that U.S. crop insurance companies have received from selling multi-peril crop insurance (MPCI). Since 2000, the average annual rate of return on equity has been 19 percent. The study also estimated that a reasonable rate of return over the same time period for this line of business would be about 11 percent. One straightforward interpretation of this difference is that since 2000, the crop insurance industry has received a rate of return that is 72 percent higher than what would be needed to induce private companies to participate in the crop insurance program.</p>
dc.identifier archive/lib.dr.iastate.edu/iowaagreview/vol15/iss4/1/
dc.identifier.articleid 1000
dc.identifier.contextkey 7317206
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath iowaagreview/vol15/iss4/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/45233
dc.source.bitstream archive/lib.dr.iastate.edu/iowaagreview/vol15/iss4/1/IAR_1504_001.pdf|||Fri Jan 14 17:31:58 UTC 2022
dc.subject.disciplines Agribusiness
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Finance
dc.subject.disciplines Insurance
dc.title Examining the Health of the U.S. Crop Insurance Industry
dc.type article
dc.type.genre article
dspace.entity.type Publication
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