Accounting for short samples and heterogeneous experience in rating crop insurance

Julia I. Borman; Barry K. Goodwin; Keith H. Cobel; Thomas O. Knight; Rod Rejesus

doi:10.1108/0002146131132133

Treesearch

Accounting for short samples and heterogeneous experience in rating crop insurance

Formally Refereed

Authors:

Julia I. Borman, Barry K. Goodwin, Keith H. Cobel, Thomas O. Knight, Rod Rejesus

Year:

2013

Type:

Scientific Journal

Station:

Southern Research Station

DOI:

https://doi.org/10.1108/0002146131132133

Source:

Volume 73, Issue 1, pp. 88-101

Download (PDF 472 KB)

Download (PDF 472 KB): https://research.fs.usda.gov/download/treesearch/48354.pdf

Abstract

The purpose of this paper is to be an academic inquiry into rating issues confronted by the US Federal Crop Insurance program stemming from changes in participation rates as well as the weighting of data to reflect longer-run weather patterns.

Keywords

Crop insurance, Loss distribution, Crops, Insurance

Citation

Borman, Julia I.; Goodwin, Barry K.; Cobel, Keith H.; Knight, Thomas O.; Rejesus, Rod. 2013. Accounting for short samples and heterogeneous experience in rating crop insurance. Agricultural Finance Review, Volume 73, Issue 1, pp. 88-101. 16 p.