Purpose – The purpose of this paper is to examine a new insurance policy against natural disasters. Design … his farm if and only if insurance improves the utility he is expecting over a given year. Therefore, the paper takes the … paper proves that the market for insurance could grow with a combination of participating contracts and market …

the concept of index-based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed … seen if the extension effort leads to more informed consumers of insurance products, which the authors hope to address in …. It will be interesting to see if there are any gender dimensions to insurance use. In addition, with competing claims to …

Purpose – This article seeks to examine the reference yield calculation method used in crop insurance rating and … provides recommendations that could potentially improve actuarial performance of the Federal crop insurance program. Design … Federal crop insurance program. Findings – The results suggest that reference yields, which at the time of this study are …

Purpose – This study seeks to evaluate the impacts of land rental arrangements on crop insurance and grain marketing … marketing and crop insurance decisions are estimated for a risk-averse producer under typical cash rent and share rent … agreements using numerical simulation methods. Findings – Results indicate that the availability of crop insurance impacts the …

Purpose – The purpose of this paper is to assess the losses of weather-related insurance at different regional levels …. The possibility of spatial diversification of insurance is explored by estimating the joint occurrence on unfavorable … increasing the trading area of insurance is limited. Research limitations/implications – The empirical findings are limited by a …

Purpose – While the demand for weather-based agricultural insurance in developed regions is limited, there exists … from observed historical data. An example drought insurance policy is presented where the fair rates are calculated using …

Purpose – The purpose of this paper is to examine the spatial components of producer heterogeneity in crop insurance …. Design/methodology/approach – County-level insurance and yield data are used to demonstrate that a gradual shift from yield …-based insurance to revenue-based insurance has spatial patterns. Conventional risk variables such as yield variability, price …

subsidized crop insurance and production contracts. The purpose of this paper is to quantify risks growers face due to “coverage … gaps” in crop insurance that result in uncertain indemnity payments when their crop does not meet contract specifications … crop insurance provisions affect efficient choice sets for growers. Risk premiums for irrigated growers all point to …

Purpose – The purpose of this paper is to determine which factors are most influential to farmers' crop insurance … on crop insurance purchase decisions. While acres farmed had statistically significant impact on most of the crop … insurance purchase decisions, different factors played a role in purchase decisions based on types of insurance and types of …

(ACRE) program on the risk‐reducing effectiveness of crop insurance products. Design/methodology/approach – Three crop … (APH) and crop revenue coverage (CRC) insurance instruments are considered separately under the 2002 Farm Bill and under … risk premium assumptions. Findings – Crop insurance contracts appear to be more effective under the 2002 Farm Bill than …