US MPCI premiums surged 40% to $14.9bn last year

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Reinsurance News - Aug 01, 2022

Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9bn, an increase of nearly 40% over the previous year, according to an AM Best report. The new report, US Crop Writers Benefit From Rising Commodity Prices and Innovation, also states that privat...

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