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In a move to strengthen the resilience of Filipino farmers against worsening climate-related disasters, Senator Kiko Pangilinan is advocating for a significant increase in government support for crop insurance, citing the urgent need to safeguard rural livelihoods amid rising losses due to typhoons, droughts, and pest infestations. In a media interview, Pangilinan lamented that the […]
The Philippine Crop Insurance Corp. (PCIC) s rolling out a pioneering parametric insurance program aimed at speeding up claims settlement for rice farmers affected by extreme weather—a transformative step in PCIC’s approach to agricultural risk management. PCIC President Jovy Bernabe said the innovative insurance model uses remote sensing technologies to automatically trigger payouts based on […]
Agriculture Secretary Francisco Tiu Laurel, Jr. led the distribution of indemnity checks issued by the Philippine Crop Insurance Corp. (PCIC) as payments to insured farmers and fisherfolk who were victims of recent typhoons. PCIC Regional Office IV released a total P24.73 million in indemnity checks to 1,437 farmers and fisherfolk from the provinces of Oriental […]
The Philippine Crop Insurance Corp. (PCIC), a government insurance company under the Department of Agriculture, distributed an initial P24.4 million worth of insurance payments to thousands of Bicolano farmers affected by massive flooding caused by Severe Tropical Storm Kristine. The indemnity checks were distributed by Agriculture Secretary Francisco Tiu Laurel, Jr. to affected farmers during […]
At least 357 farmers in Batac City, Ilocos Norte received their indemnity checks courtesy of the Philippine Crop Insurance Corporation (PCIC). In a distribution program at the Department of Agriculture sub-station in Barangay Tabug, Batac City Mayor Albert Chua reminded farmers to insure their crops to minimize their losses during a calamity. The Ilocos Norte […]
The AGRI Party-list is proposing to convert the Philippine Crop Insurance Corporation (PCIC) to the Philippine Agricultural Insurance System (PAIS), which will provide free life and crop insurance to farmers and fisherfolk, as well as optional agricultural equipment insurance. “Gusto nating ipanukala ang pag-amyenda sa batas na naglikha sa PCIC at i-expand ito upang maging […]
Senate Committee on Trade, Commerce and Entrepreneurship Chairperson Koko Pimentel III said on Sunday that he was planning to convene insurance stakeholders to discuss and propose measures that would give added protection to Filipino farmers, particularly from the damaging effects of typhoons and natural calamities. The move was meant to enhance the food security situation […]