This article focuses on innovation in weather insurance designed to fit the special circum-stances of the poor in lower income countries where rural and agricultural financial markets are largely underdeveloped. Index insurance is an innovation that circumvents many of the fundamental problems...

This paper presents a methodology for adding longer series of weather data to short series on Yield data for the purpose of Improving knowledge about crop Yield risk Findings demonstrate that the weather during the past 33 years provide Yield forecast with significantly less risk than the past...

U.S. farmers have for years relied on the financial support of both federally funded crop insurance and direct disaster assistance. Limits on availability of federal funds dictate that programs less costly to the government than disaster programs but more effective than past crop insurance...

A new crop insurance alternative will be available for eight major crops in 1994. This paper provides background on the development and potential for the new Group Risk Plan (GRP). The policy issues surrounding the Federal Crop Insurance Program are reviewed with an emphasis on the microlevel...

Crop insurance provides risk reduction benefits yet may increase planted acres in risky areas. This paper investigates the relationship between environmental quality and crop insurance induced changes in cropping pattern. Results suggest that yield risk and soil erosion are positively correlated...