Senator Thune Advisor Says Crop Insurors Need Good Reinsurance Deal

Senator Thune Advisor Says Crop Insurors Need Good Reinsurance Deal

Many crop insurance agents are concerned with what may happen with the negotiation on the standard reinsurance agreement for crop insurance. Senator John Thune’s Senior Policy Advisor Lynn  Tjerdsma heard those concerns at Dakota Fest this week after speaking to the risk management advisors.

Tjerdsma says that unless they can get a deal on the standard reinsurance agreement that keeps the program intact, it will be like asking crop insurance agents to take a pay cut.

He says crop insurance is the most important safety net that farmers have.

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