Crop Claim Payments Due To Drought In Alberta Estimated At $700-900M For 2015

Friday, August 7th, 2015 Life & Health

As Alberta agriculture producers continue to deal with dry conditions, the Alberta Financial Services Corporation (AFSC) estimates that this year’s claim payments for multi-peril crop insurance will range from approximately $700 million to $900 million.To date, AFSC has already paid out about $70 million on more than 3,000 insurance policies, “as claims are being processed and dollars are flowing to address priority areas,” Alberta Agriculture and Forestry said in a press release on Thursday.

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http://www.canadianunderwriter.ca/news/claim-payments-for-multi-peril-crop-insurance-in-alberta-estimated-at-700-900-million-this-year/1003753306/

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