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2005
- Approximately 30,4000 Crop Insurance customers insured 25 million annual and 570,000 forage acres under multi-peril programs with an additional 3.2 million acres covered by weather-based programs.
- The Crop Averaging Pilot Program was launched out of the Humboldt and Shaunavon customer service offices, providing coverage above 80 per cent to a maximum of 90 per cent, by "basketing" insured crops.
- Introduced on organic flax and lentils, the Contract Price Option used the producer's contract price to determine their insured price.
- Continuing to expand coverage to new crops, the Timothy Hay Pilot Program was available on irrigated timothy hay acres in the Outlook area. Insurance included coverage for yield and quality loss up to 70 per cent.
- Forage Diversification Option was introduced, using barley acres as a proxy for coverage and claims.
- The Corn Heat Unit Pilot Program insurable area was expanded.
- Approximately 25,000 claims were registered, resulting in $84.5 million indemnity.
Complete information is available in the 2005-2006 Annual Report (PDF).
2006
- Crop Insurance insured 66 per cent of all land seeded in Saskatchewan, with approximately 28,200 customers insuring 22.1 million annual acres and 500,000 forage acres under the multi-peril programs. An additional 2.5 million acres were covered by weather-based insurance products.
- The Crop Averaging Pilot Program, which provides coverage above 80 per cent by "basketing crops", was expanded to the Moose Jaw, Regina, Shaunavon, Rosetown, Sasktoon and Humboldt customer service offices.
- Commercial canary seed and mustard were added as eligible crops under the Contract Price Option.
- The Organic Contract Price Option was expanded to include organic flax and lentil crops, organic oats, mustards, feed barley and field peas.
- Hard white spring wheat was added to the list of insurable crops.
- Coverage levels were removed from the Vegetable Insurance Pilot Program and customers were able to insure their vegetable acres at the base value per acre, less a 10 per cent deductible in the event of a claim.
- Crop Insurance received 8,783 Unseeded Acreage claims on crops too wet to seed due to excessive spring moisture and paid approximately $62.6 million in indemnities.
- Crop Insurance completed approximately 19,000 inspections on all claim types and paid approximately $126 million in indemnities to customers.
Complete information is available in the 2006-2007 Annual Report (PDF).
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