Aiken County farmers could be eligible for new aid through proposed bill - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 24, 2015 Newswires
Share
Share
Post
Email

Aiken County farmers could be eligible for new aid through proposed bill

Aiken Standard (SC)

Dec. 24--Aiken County farmers could be eligible for state relief soon, according to S.C. Rep. Bill Taylor, R-Aiken.

S.C. House Ways and Means Chairman Brian White, R-Anderson, announced Monday plans to introduce the first of several legislative responses to the catastrophic flooding the state experienced this October.

The Palmetto Farm Aid bill could provide some much-needed help for area farmers affected by the devastating floods of Oct. 2 through 5.

The House Ways and Means Committee and its subcommittees have been holding hearings for two months to understand the impacts of the flood, according to a press release from Daniel Boan, budget director and general counsel for the Ways and Means Committee.

One of the most devastating economic impacts has been to South Carolina's agriculture industry, which sustained direct crop loss of more than $375 million in the same year that two-thirds of the state experienced moderate or serious drought, according to the release.

According to Taylor, the proposed bill could mean good news for some Aiken County residents hit hard by the historic rain and floods of early October.

"This proposed legislation will hopefully provide assistance to farmers who are in desperate need; many of whom are selling off equipment to make ends meet or are calling it quits entirely," Taylor said. "While the specifics of the legislation have yet to be worked out, the Farm Aid bill, is much needed."

Local farmers must do something, and quick, since Gov. Nikki Haley has refused to request federal aid to assist our farmers, which leaves it to state government to solve the problem, Taylor said.

Taylor said the much-needed aid can't happen soon enough for him.

"Some of our family farmers in South Carolina and in parts of Aiken County are in crisis," he said. "They have been hit by the trifecta of a severe ice storm, drought and historic flooding."

According to White, the State House needs to make this legislation its top priority when it returns to work on Jan. 12.

"While the agricultural crop loss crisis is not the only need arising out of October's flooding, it is one of the most important and time-sensitive, which is why I plan to push for a Palmetto Farm Aid bill as soon as we begin the new legislative session in January," White said in the release. "Agriculture is our No. 1 industry, and our farmers are in desperate need. Crop insurance is not true insurance, and many crops are not insurable; so while it will cover some of the losses, it is an insufficient mechanism for insuring against catastrophic loss arising from a natural disaster."

White stated what local farmers already know -- while there may be some government assistance available for farmers, these measures fall far short of preventing many farmers from losing their farms and livelihoods.

"We must stand up for our farmers to prevent a pillar of the South Carolina economy from collapsing," White said in the release.

State Speaker of the House Jay Lucas, R-Hartsville, said South Carolina stands at risk to lose a large portion of its family-owned farms.

"South Carolina farmers have always played a fundamental role in our economy," Lucas said in the release. "Because of the catastrophic damage caused by the historic flood, we are at risk of losing a significant portion of our small family farms. The House stands ready to work on a solution that will offer the agriculture community the assistance they need to recover from this devastating event."

According to The Associated Press, while Haley has asked the U.S. Department of Agriculture to expedite insurance payments to farmers instead of accepting federal aid, underinsured farmers shouldn't be bailed out, her office has said.

Agriculture Commissioner Hugh Weathers said in an Associated Press story these proposed payments -- even for farmers with top-notch insurance -- won't come close to covering their losses, which didn't stop with the initial flooding.

"The continued rainfall worsened the problem, as crops rotted in the fields," Weathers said.

The estimated losses include $330 million worth of fall crops destroyed or damaged in the field at harvest time and $46 million in winter crops that couldn't be planted in the muck; this follows summer crops lost to drought, he said.

Farmers' annual operating loans are coming due Dec. 31, and the banks will start sending out unpaid notices in January, said State Farm Bureau President Harry Ott.

Dan Brown is the government reporter for the Aiken Standard.

___

(c)2015 the Aiken Standard (Aiken, S.C.)

Visit the Aiken Standard (Aiken, S.C.) at www.aikenstandard.com

Distributed by Tribune Content Agency, LLC.

Advisor News

  • CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
  • How executive benefits impact an estate plan
  • 73% of US business leaders say economic uncertainty keeps them from focusing on transition
  • A new era at the Federal Reserve
  • What advisors need to know about the life settlement boom
More Advisor News

Annuity News

  • State Farm’s agency overhaul: What distribution can learn
  • IRI, ACLU express support for CLEAR Forms Act
  • A new era at the Federal Reserve
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
More Annuity News

Health/Employee Benefits News

  • KFF HEALTH NEWS: MEDICARE'S AI PUSH SNARLS PATIENTS AND DOCTORS IN ERRORS AND DELAYS
  • SPECIAL ENROLLMENT PERIOD NOW OPEN FOR INNOVATIVE HEALTH PLAN; HEALTHCARE PLAN; AND ACLP HEALTH PLAN ENROLLEES
  • Collinsville man, St. Louis woman charged in Illinois health fraud case
  • Enrolling in Medicare
  • Health Insurers Are Seeking Rate Hikes Again. Here Is What To Know
More Health/Employee Benefits News

Life Insurance News

  • State Farm’s agency overhaul: What distribution can learn
  • They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
  • How much do state residents need to retire comfortably?
  • How executive benefits impact an estate plan
  • Connecticut retirees face high savings hurdles
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet