Ice storm shows nurseries a poor fit for crop insurance - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
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
Property and Casualty News RSS Get our newsletter
Order Prints
February 15, 2024 Property and Casualty News
Share
Share
Post
Email

Ice storm shows nurseries a poor fit for crop insurance

Capital Press (Salem, OR)
Nursery plants are a poor fit for USDA crop insurance, which is geared toward single crop commodities that are harvested regularly, said Amanda Staehely, owner of Columbia Nursery near Canby, Ore.

Staehely is president of the Oregon Association of Nurseries, which has been raising awareness of the problem for years.

As fate would have it, January's ice storm caused considerable damage to her nursery.

"Now I'm the poster child for how this can affect a business," she said.

A massive shade structure's retractable roof collapsed under the weight of ice at Columbia Nursery.

Staehely estimated the structure damage at more than $125,000, but it won't be clear for months or even years how much nursery stock has been killed or harmed by the collapse or while exposed to freezing weather.

The shade building contained stock that needed extra protection from the elements, plus two years of "babies" - propagated plants that won't be sold for six to eight years.

While that's a small fraction of the nursery's total stock, it's a high percentage of sales for 2030-2032.

"We lost a lot of that material," Staehely said. And that can't be replaced because new shrubs and trees won't mature on schedule.

Farm bill lobbying

Jeff Stone, Oregon Association of Nurseries executive director, estimated $1 million in structure damage at 12 businesses during the ice storm - far less than anticipated.

Greenhouses and similar structures such as shade buildings aren't eligible for insurance except at exorbitant prices, experts said.

Determining plant losses from cold exposure is more difficult. Some damaged nursery stock can rebound with extra nurturing and time, while others that appear healthy now won't be market quality.

Despite heavy losses to the "harvest" years from now, nursery plants generally aren't covered by USDA crop insurance, Stone said.

He'll lobby for changes to the new farm bill in Washington, D.C., in March, and said the ice storm will be "exhibit A" to show how disaster relief doesn't work for nurseries.

The OAN also will meet directly with the USDA Farm Service Agency to request changes.

"You can't treat a nursery operation like a corn operation, where you need to have 90% to 100% loss," Stone said.

A policy isn't set up to recognize losses years in the future or to deal with a complicated industry with many crops.

While nurseries are the top ag commodity in Oregon with earnings of $1.3 billion in 2021, they're a minnow on the national scale compared to other crops, Stone said.

The 2008 ice storm

Many nurseries are small businesses that can't absorb heavy losses easily.

But the impact of the January ice storm won't be as significant as 2008, Stone said.

Jerry Simnitt, owner of Simnitt Nursery and Staehely's father, said he lost 10 hoop houses in that storm.

"It was a horrible feeling," Simnitt said.

It took about six years to get all the greenhouses back up and filled with stock, but Simnitt felt fortunate because his business survived.

Other nurseries hit by the 2008 ice storm were then hammered by the recession that followed and closed down.

Older

Changes in Flood Hazard Determinations

Newer

Baystate Health selling Health New England insurance subsidiary

Advisor News

  • Using digital retirement modeling to strengthen client understanding
  • Fear of outliving money at a record high
  • Cognitive decline is a growing threat to financial security
  • Two lessons career changers wish they knew before starting the CFP journey
  • Americans less confident about retirement as worries grow
More Advisor News

Annuity News

  • CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
  • Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
  • Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
  • Allianz Life adds new accumulation-focused FIAs
  • Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide
More Annuity News

Health/Employee Benefits News

  • Findings from RTI International Broaden Understanding of Insurance (US Medicaid Spending and Health Insurance Coverage for People Involved in the Criminal Legal System as Children): Insurance
  • Researchers at University of Pittsburgh Target Managed Care (The state of hospice: Impacts on equity, quality, and nursing-An AAN consensus paper): Managed Care
  • Findings from CareQuest Institute for Oral Health Provide New Insights into Managed Care (Repeated Use of Emergency Departments for Nontraumatic Dental Conditions: Factors Associated With Being a Superutilizer): Managed Care
  • Reports Outline Insurance Study Findings from University of North Texas (Health Insurance Coverage and Access To Care Among Older Immigrants: Evidence From the National Health Interview Survey, 2020 To 2023): Insurance
  • Findings from Wake Forest University School of Medicine Broadens Understanding of Managed Care (Impacts of a Produce Prescription Program on Food Security, Diet Quality, and Psychosocial Health of Adults with Medicaid and Chronic Health …): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
  • AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
  • Principal Financial Group Announces First Quarter 2026 Results
  • SBLI Enhances its OmniTrak Term to Deliver Faster Decisions, More Client Coverage, and Improved Pricing
  • Life insurance premium surges, but coverage is still falling short for many
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

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

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

A FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
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