GFM Network News


AFSC CEO Darryl Kay announced a 20 per cent cut in farmers’ AgriInsurance premiums for the 2021 crop year on Jan. 25. (AFSC video screengrab via YouTube)

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more

Extreme weather events were not hard to come by in 2020.

Alberta weather disasters make Top 10 in 2020

Reading Time: < 1 minute It’s an unwelcome honour, but Alberta has two of the top three spots in Environment Canada’s Top 10 weather stories of the year. The June 13 hailstorm in Calgary caused an estimated $1.3 billion in damage – $386 million in smashed or cracked windshields alone along with pummelling “hundreds of thousands of hectares” of grain […] Read more


There were more than 12,100 hail claims in Western Canada in 2020.

Alberta suffered the most hail damage on the Prairies this year

Reading Time: < 1 minute This year was below the five-year average for hail claims for Prairie farmers but saw higher-than-average claim payments. Overall, the industry will record a near break-even type of year. Claims produced insurance payouts of over $192 million on more than 12,100 claims in Western Canada. Producer premiums totalled just over $300 million for an industry […] Read more

Hail claims about average

Hail claims about average

Reading Time: < 1 minute So far, it’s been an average season when it comes to hail damage, says the Canadian Crop Hail Association. There have been more than 10,000 claims this year, the association said in an Aug. 31 release. Alberta has about one-quarter of those claims. “Claims filed in Alberta are currently close to last year’s numbers, but […] Read more


File photo of stormy conditions over Alberta fields. (Larry Stickney/iStock/Getty Images)

Alberta’s AFSC to refund hail premiums on drowned crops

Agency taking applications until Sept. 11

Grain growers in Alberta’s Peace, northeastern and northwestern farming regions whose waterlogged crops are deemed “non-viable” can now file for full refunds on AFSC hail insurance premiums. AFSC, the province’s Agriculture Financial Services Corporation, announced Wednesday it will accept such applications from eligible growers from now until Sept. 11. Applications will be available online through […] Read more

Assessing hail damage assessments

Assessing hail damage assessments

Reading Time: < 1 minute Agriculture Financial Services Corporation wants to see how its assessments of hail claims compares to the evaluation of farmers who assessed damage in their fields. The comparison will help “determine the future of adjustments at AFSC and may assist with adjusting speed in the future,” the crop insurer said. A link to the very brief […] Read more


File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Unseasonal rain, hail damage winter crops in India

Crop quality issues may pressure prices

New Delhi | Reuters — Unseasonal torrential rains and hailstorms have damaged the winter-planted crops of millions of Indian growers, inundating wheat, potato, chickpea and rapeseed farms in large parts of the fertile northern plains, farmers said. Most farmers were caught by surprise by the repeated rain and hail that has lashed fields full of […] Read more