Final report: Hail insurance industry sets record crop coverage
The crop hail industry set yet another record with nearly $10 billion in crop hail coverage – a 20 percent increase over last year.
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The crop hail industry set yet another record with nearly $10 billion in crop hail coverage – a 20 percent increase over last year.
The crop hail industry provided a record-setting $10 billion in coverage as producers purchased more insurance in the wake of increasing input costs, inflation and strong crop prices, according to the Canadian Crop Hail Association.
Storms produced marble size hail resulting in light to complete crop damage across Western Canada has harvest continues, according to the Canadian Crop Hail Association. The storms occurred Aug. 22-Sept. 1.
Insurance adjusters are working seven days a week to stay ahead of harvest in Western Canada as hailstorms become less frequent but still destructive, according to the Canadian Crop Hail Association. The storms occurred Aug. 15-21.
Sporadic storms produced significant hail damage across parts of Western Canada in early August, according to the Canadian Crop Hail Association.
The storms occurred Aug. 1-5.
Insurance companies continue to urge growers to leave adequate samples of damaged crops as they assess hailstorm damage across Western Canada, according to the Canadian Crop Hail Association. The storms occurred July 25-31.
Storms damaged crops with hail as large as baseballs across Western Canada and growers are urged to leave adequate samples for adjusters as harvest approaches, according to the Canadian Crop Hail Association. The storms occurred July 18-24.
Storms continue to result in light-to-medium damage in most areas but maturing crops mean significant losses in some cases, according to the Canadian Crop Hail Association. The storms occurred July 11-17.
Hail damage ranged from light to medium after recent storms across Western Canada and insurance adjusters remain on pace to complete claims in a timely manner, according to the Canadian Crop Hail Association.
The storms occurred June 25-July 2.
Growers reported mostly light storm damage to young crops across western Canada with heavy rain in some areas, according to the Canadian Crop Hail Association.
The storms occurred June 20-27.