Data from North Carolina State University (NC State) Provide New Insights into Crop Insurance (Contract elements, growing conditions, and anomalous claims behaviour in U.S. crop insurance)

2020 MAR 05 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on Agriculture - Crop Insurance are presented in a new report. According to news reporting out of Raleigh, North Carolina, by NewsRx editors, research stated, “We investigate contract elements and growing conditions associated with anomalous claims behaviour in the U.S. Federal Crop Insurance Program.”

Our news journalists obtained a quote from the research from North Carolina State University (NC State), “In this study the measure of ‘anomalous claims behaviour’ is based on the number of producers (in a county) placed on the ‘Spot Check List’ (SCL)-a list generated from government compliance efforts that aim to detect and deter fraud, waste, and abuse in the U.S. Federal Crop Insurance Program.”

According to the news editors, the research concluded: “Using county-level data and various econometric approaches that control for features of this data set (e.g.,.”

For more information on this research see: Contract elements, growing conditions, and anomalous claims behaviour in U.S. crop insurance. The Geneva Papers on Risk and Insurance - Issues and Practice, 2020;45(1):157-183. The Geneva Papers on Risk and Insurance - Issues and Practice can be contacted at: Palgrave Macmillan Ltd, Brunel Rd Bldg, Houndmills, Basingstoke RG21 6XS, Hants, England.

Our news journalists report that additional information may be obtained by contacting R.M. Rejesus, North Carolina State University (NC State), Dept. of Agricultural and Resource Economics, Raleigh, NC 27695, United States. Additional authors for this research include S. Park, B.K. Goodwin and X.Y. Zheng.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1057/s41288-019-00143-9. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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