Dl6-Lancastef Farming Saturday, May 12,1990 For Crop Insurance, Congress Should Consider Free Market WASHINGTON. D.C. Crop insurance officals are urging Con gress to choose a free-market approach to refraining the federal crop insurance program. The American Association of Crop Insurers (AACI), whose membership writes about 75 per cent of the multiple peril crop insurance protection in the U.S., is supporting legislation (HR4592) that would 1) be budget responsi ble; 2) provide structural reform of the program; 3) provide improved coverage plans for far mers; and 4) be cost-effective. A centerpiece of this proposal would provide for the program to be under the direction and leader ship of a newly established inde pendent federal crop insurance commissioner who would be required to have insurance exper tise, said E. Eugene Gantz, AACI president Two AACI officials told a House agriculture subcommittee that this approach would I) pro vide steady, experienced, and independent leadership for the program; 2) result in the develop ment of new and improved insur ance products on a competitive basis in the maricetplace; 3) would be cost-effective and within budget limits; 4) would require the private companies to bear most of the underwriting risk; and 5) would be affordable to farmers. Richard Gibson, AACI board chairman, said that would result in a crop insurance program that Lykens Valley Structures Cedar Lawn Furniture & Redwood Lawn Furniture Available 10'xl4‘ Rectangle ready for shipping Lykens Valley Structures are built using all pressure tested (SYP .40) We Use All Galvanized Nails For Maximum Durability Gazebos Are Available in B’, 10’, 12’ & 14’ (Also Optional) Benches & Screening & Tables. Wishing Wells & Bird Feeders & Lawn Furniture & Mailboxes Also Available In Pre-Fab Kits. (Deluxe Model Only). B’, 10’, 12’, 14’, 18’ (Ready For Shipping) R.D. 2 Box 59 I c j n„ Millersburg, Pennsylvania 17061 I A 1 n . U T n ‘ w , rv v 45 T A 1 A , I Also Dealer Inquiries Welcome*! Delivery Is Also Available I n atf mSS^ 10' Victorian Gazebo more farmers would buy because it would meet their risk manage ment needs. John Joyce, AACI board vice chairman, also appeared before the subcommittee and reinforced the free market position. “HR 4592 is the best bill to sur face the date. It’s bipartisan and provides a good framework for an improved crop insurance program for both farmers and taxpayers. Furthermore, it generally meets the criteria established by AACI and most other insurance organi zations,” Gantz said. Another bill the subcommittee is considering essentially would give the federal government a lar ger role in delivering a crop insur ance program and diminish the role of the private crop insurance industry. Major considerations, said Gantz, are that any crop insurance bill be within budget parameters, provide for structural reform of the crop insurance program, and result in better products for far mers and be cost effective. Using the concept contained in HR 4592 as a starting point, said Gantz, “a strong, reliable crop insurance program can be deve loped. If the private insurance industry is given the chance to complete the job we started in 1981 (when the current program began), we are certain that a much improved crop insurance program can and will deliver the kind of protection farmers need.” Deluxe Screened Gazebo PAUL B. Your Complete Headquarters For Sprayers And Farts HEAVY DUTY SPRAYERS BUILT STRONG TO PERFORM TOUGH At Last! A Reliable, New Stainless Steel AG-CHEM FOAM MARKER Each Foam Marker Contains: • Mixing chamber for each boom. • Electric harness for in-cab controls (on-off/left-right). « Hose for boom lengths up * Drop hoses for each boom. 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