Sen. Fischer: Starting Mid-October, Nebraska Producers Will Receive Automatic 'Top-Up' Payments for Prevented Planting Due to Flooding - Insurance News | InsuranceNewsNet

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September 27, 2019 Newswires
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Sen. Fischer: Starting Mid-October, Nebraska Producers Will Receive Automatic ‘Top-Up’ Payments for Prevented Planting Due to Flooding

Targeted News Service (Press Releases)

WASHINGTON, Sept. 26 -- Sen. Deb Fischer, R-Nebraska, issued the following news release:

U.S. Senator Deb Fischer (R-Neb.), a member of the Senate Agriculture Committee, released the following statement today after the U.S. Department of Agriculture (USDA) announced that producers participating in federal crop insurance who had a payable prevented planting indemnity related to flooding in 2019 will automatically receive a "top-up" payment from their Approved Insurance Providers (AIPs) starting mid-October:

"With wet fields from the severe flooding, many of our farmers lost planting acreage this year. Because of our work to include Nebraska in the disaster relief bill, our state's producers who are enrolled in crop insurance can access these 'top-up' payments through their insurance provider. These additional resources will be of assistance as families and businesses recover from a rough year."

More information from the U.S. Department of Agriculture:

The crop insurance industry will deliver the payments as part of the Additional Supplemental Appropriations for Disaster Relief Act of 2019. After the initial payment, additional payments will be made in the middle of each month as more prevented planting claims are processed.

Producers with Yield Protection and Revenue Protection with Harvest Price Exclusion will receive a 10 percent top-up payment, while producers with Revenue Protection will receive 15 percent.

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