September 20, 2016
A D.C. federal judge on Tuesday handed the Federal Crop Insurance Corp. a quick win in a suit brought by crop insurers who accused it of reneging on promises made during the negotiation of a 2011 premium rate agreement, allegedly costing them more than $200 million in underwriting gains.
September 29, 2015
Crop insurers accusing the Federal Crop Insurance Corp. of reneging on promises made during the negotiation of a 2011 premium rate agreement, which they say cost them $200 million in underwriting gains, told a D.C. federal court Monday that the government must be held accountable for false representations.
November 25, 2014
A group of crop insurers filed suit Monday in Washington, D.C., federal court against the Federal Crop Insurance Corp., accusing it of breaching their federal contracts when it switched its rate calculation method, which allegedly reduced their underwriting gain by $200 million for 2012 alone.