Participating insurance companies annual rate of return on crop insurance
A Minnesota farm group says that the federal crop insurance, the nation’s largest “safety net” program for farmers, is a profit bonanza for private insurance companies. Farmers, taxpayers and rural environmental quality are paying the price. “I appreciate crop insurance. It does make a risky business less risky,” said Randy Krzmarzick, a crop farmer from Sleepy Eye, Minnesota. “But crop insurance is not subject to any limits. The largest recipients have received over a million dollars in subsidies. [node:read-more:link]