Idaho crop insurance company to pay $3.48 million


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BOISE, Idaho (AP) — A crop insurance company has agreed to pay a southwestern Idaho farming family $3.48 million following a lawsuit.

The Idaho Statesman reports in a story on Tuesday that the Farm Bureau Mutual Insurance Company of Idaho agreed to pay Nate and Kristin Pancheri for damage to their 2016 alfalfa seed crop.

A July 2016 storm damaged the crop. The Pancheris in their lawsuit said the insurance company grossly undervalued the damage.

A jury on June 10 agreed with the Pancheris.

The opposing parties then settled the punitive damages amount and avoided a second trial.

Sean Ellis of the Idaho Farm Bureau declined to comment.

___

Information from: Idaho Statesman, http://www.idahostatesman.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Idaho stories

Related topics

IdahoBusiness
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast