Blog: Extreme Weather

Extreme Weather and Crop Insurance: Taxpayers Foot the Bill

A recent report sheds light on the increasing financial burden extreme weather places on the federal government and taxpayers. Crop insurance payouts, exceeding $118 billion between 2001 and 2022, reveal the staggering costs incurred due to droughts, heatwaves, and floods.

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New Report: Climate Change Amplifies Crop Insurance Costs, Iowa Among Hardest Hit

A recent report by the Environmental Working Group reveals the staggering costs of extreme weather on crop insurance payouts, surpassing $118 billion nationally between 2001 and 2022. Iowa, alongside the Midwest, faced severe drought, emphasizing climate change's growing impact on agriculture.

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