Washington lawmakers sponsor bill creating smoke insurance for wine grape growers
By TJ Martinell |
(
Sponsored by
Although "smoke taint," or smoke exposure to wine grapes prior to veraison, does not make wine unsafe to drink, it can alter its taste and quality, depending on the amount of the actual amount of particulate in the smoke. That can make wine made from them undesirable to consume and as a result lower the value of the wine grapes.
In a 2019
Nationally,
Under existing policy, wine grape growers can obtain crop insurance, but those policies only cover actual physical damage. Lab tests of wine grapes are required to demonstrate that losses were the result of wildfire rather than market-related conditions.
In recent years in response growing impact of wildfire smoke, the
Crosscut is a service of


Patent Issued for Maximizing patient referral outcome through healthcare utilization and/or referral evaluation (USPTO 11682475): Emblemhealth Inc.
Bajaj Allianz Life Insurance Wins Insurer Innovation Award 2023 at the World's Digital Insurance Awards [Business Wire India]
Advisor News
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsAnnuity News
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity NewsHealth/Employee Benefits News
Life Insurance News