Research from University of Foggia Yields New Data on Crop Insurance (Extreme weather events and crop insurance demand): Agriculture – Crop Insurance

2024 APR 05 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on crop insurance. According to news reporting from the University of Foggia by NewsRx journalists, research stated, “Flood, drought, and frost may be disruptive events for agriculture.”

Funders for this research include Ministero Dell’istruzione Dell’universita E Della Ricerca.

The news journalists obtained a quote from the research from University of Foggia: “The subsidised crop insurance schemes are coping strategies that increase farms resilience to weather shocks and in fact the occurrence of extreme weather events and the level of subsidised crop insurance are correlated. Stronger evidence is found in Southern geographical areas, where drought (a major risking risk) is more frequent, and for spring-summer crops, that are less resilient to weather shocks.”

According to the news reporters, the research concluded: “The article points at the need to reform extant policies to move toward a holistic approach for risk management.”

For more information on this research see: Extreme weather events and crop insurance demand. Heliyon, 2024,10(7):e27839. (Heliyon - http://www.heliyon.com). The publisher for Heliyon is Elsevier.

A free version of this journal article is available at https://doi.org/10.1016/j.heliyon.2024.e27839.

Our news editors report that additional information may be obtained by contacting Emilia Lamonaca, Department of Agricultural Sciences, Food, Natural Resources and Engineering, University of Foggia, Italy. Additional authors for this research include Fabio Gaetano Santeramo, Irene Maccarone, Marco Tappi.

(Our reports deliver fact-based news of research and discoveries from around the world.)