The Independent Insurance Agents & Brokers of America says it supports the U.S. House passage of the “Federal Agriculture Reform and Risk Management Act of 2013.”
H.R. 2642, known as Farm Bill, passed narrowly by a 216-208 vote. The House version of the bill eliminates the $5 billion a year in direct payments and correctly places more of an emphasis on the Federal Crop Insurance Program (FCIP) as the primary mechanism to protect America's farmland, the Big “I” says.
“The Big 'I' is pleased to see that the Federal Crop Insurance Program (FCIP) serves as the primary risk management tool in FARRM,” says Charles Symington, Big “I” senior vice president of external and government affairs. “Independent agents continue to play an integral role in the success of the crop program and serve as trusted advisors to farmers seeking protection for their farmland.”
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