The U.S. Department of Agriculture’s (USDA) recent expansion of its hurricane crop insurance policy to cover tropical storms this year has already provided farmers with $85.4 million to help them recover from Hurricane Idalia. USDA’s Risk Management Agency (RMA) rolled out the new Tropical Storm Option for its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement earlier this year after working directly with farmers to improve coverage.
