Feds Dish Out $30M Bonus to Crop Insurance Heroes
Published Date: 8/11/2025
Rule
Summary
The Risk Management Agency is giving $30 million in extra payments to insurance companies that handle special crop insurance for 2022 and 2023. This one-time boost rewards companies based on how much risk they took on for these crops. If you’re an insurance provider working with specialty crops, this means more money coming your way soon!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
One‑time $30M Payments to Crop Insurers
If you are an Approved Insurance Provider (AIP) that administered specialty crop insurance for the 2022 and 2023 reinsurance years, the Risk Management Agency is making a one-time additional payment program (ADD PAY II). The program provides $30,000,000 total, and funds will be distributed to AIPs proportionally based on each provider’s liabilities for eligible 2022 and 2023 specialty crop insurance contracts.
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