Drought relief bill reaches $3.9 billion compromise
Conferees settle on a $3.9 billion drought relief package with about $2 billion in relief checks to be mailed within 60 days. The measure tightens livestock feed aid, sets crop loss payments, expands hail and storm coverage, and adds a dairy price support increase through June 1989. The plan also adjusts an ethanol subsidy program to be optional and Secretary of Agriculture approval based.
MENTIONED IN THIS ARTICLE
Ers
Archer Daniels Midland Co
Decatur
Ill
Secretary of Agriculture
Reagan
E “Kika” de la Garza
Texas
House Agriculture Committee
Iowa
Dave Nagle
Nagle
de la Garza
Chubb Ads to Set Record Straight on Drought Insurance
Chubb Group ran ads in Iowa and nationwide to deny backing off drought insurance promised by its Federal Insurance Co. unit. The notices outline policy terms, enrollment volumes, and state officials' actions as farmers in 10 states seek coverage amid a historic drought.
MENTIONED IN THIS ARTICLE
Associated Press
Chubb Group of Insurance Cos
Iowa
Midwest
Chubb
Federal Insurance Co
Mary Luborbach
Ohio
Minnesota
Indiana
Illinois
Kentucky
Michigan
Missouri
Tennessee
Wisconsin
Iowa Insurance Commissioner
Cedar Rapids Gazette
Korkuch
Drought Meeting in Eldora To Discuss Relief
Iowa Secretary of Agriculture Dale Cochran will discuss drought relief legislation at a public meeting in Eldora sponsored by Rep. Robert Fuller. The 10 a.m. event at the chapel of the Iowa Training School for Boys also features Jim Johnson Hardin County extension director.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Dale Cochran
Eldora
Robert Fuller
Steamboat Rock
Iowa Training School For Boys
Jim Johnson
Hardin County Extension
Proposed farm relief plan targets crop losses and dairy support
The measure would reimburse 65 percent of losses beyond a 35 percent harvest shortfall and 90 percent for losses over 75 percent. It sets an emergency feed program for producers who grow their own feed, requires crop insurance for losses over 65 percent for one year, increases dairy price supports by 50 cents per 100 pounds from April to June 1989, and extends disaster payments to non drought events including some in 1987.
MENTIONED IN THIS ARTICLE
House
Senate
Homeowners insurance won't cover drought damage to lawns
Local and regional insurers say drought damage to lawns is not covered by any policy. Underwriters Darrel Fletcher and Wes Ralston explain that drought is an act of God and not insurable, with typical perils capped at five percent of dwelling value. A Farm Bureau adjuster notes many homeowners expect no coverage for such freak damage.
MENTIONED IN THIS ARTICLE
Darrel Fletcher
Cedar Rapids
Allstate Insurance
Wes Ralston
Skogman-Ralston Insurance
Ralston
Fletcher
John Barnts
Farm Bureau Insurance
Barnts
Tornadoes Leave Sheriff a 22123 Tab in Council Bluffs
Tornadoes on July 15 caused more than 22 thousand dollars in damage to Pottawattamie County patrol cars and courthouse windows and led to overtime costs. Sheriff Michael Kerns cited $13,143 in car damage, $5,204 for blown-out windows, and $3,776 in overtime for 252.25 hours.
MENTIONED IN THIS ARTICLE
Council Bluffs
Pottawattamie County
Michael Kerns
Kerns
Also Mentioned on This Page
David Lynch
Washington
Congressional Conference Committee
Patrick Leahy
D-Vt
Senate Agriculture Committee
Congress
U.S. Department of Agriculture
Commodity Credit Corporation
Dan Kula
Anamosa
Fifth Street
Teleconnect
Gazette
Todd McIntor
Linn Health Service
1St Ave
Eddie
Augsburger
Et Ae Mela Lee
Citadel
el Cage Cycle
Treee Tee Ae
Westdale Mall
Lindale Mall
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