Speaker throws support behind agricultural insurance measure

Ranked News

📰 Philippines

Speaker throws support behind agricultural insurance measure 16.08.2026

BusinessWorld

Speaker and Isabela Rep. Faustino G. Dy III has endorsed House Bill No. 10365, a measure designed to bolster the Philippine Crop Insurance Corp. (PCIC) by broadening the scope of agricultural activities eligible for insurance coverage. The bill, which passed the House on third and final reading with 201 affirmative votes, aims to protect farmers from total losses caused by natural disasters. Dy emphasized that farmers often lose more than just their crops when calamities strike, including capital, family income, and the ability to replant.

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