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Drought / Rainstorms / Farmers' Insurance #116813

ABC Evening News for Saturday, Jul 16, 1988
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(Studio: Carole Simpson) Storms in parts of drought-stricken Midwest reported; scenes shown from Council Bluffs, Iowa. Report introduced.

(Chalmers, IN: Dan Noyes) Purchasing of insurance by farmer Ron Foutch against lack of rain reported; scenes shown. [FOUTCH - says he sent check to ins. company] Chubb insurance company reported backing out of insurance deal. [Chubb Ins. Group vice president Tom KELSEY - talks about farmers.] Chubb deal detailed. [IN insurance spokesperson Harry EAKIN -says company will have to issue policies to applicants as sold.] Chgs. against Chubb detailed. [Farmers Margaret FOUTCH, Ron FOUTCH - talk about farmers' hopes.]

Noyes, Dan;
Simpson, Carole

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