crop insurance News

Ag Disaster Declared in 24 Louisiana Parishes, 2 Texas Counties

The U.S. Department of Agriculture has named 24 Louisiana parishes and two Texas counties agricultural disaster areas because of last month’s storms and flooding. Eleven parishes are primary disaster areas, and the others are adjacent to them, the Louisiana Department …

August Flood Damage to Louisiana Agriculture: $277M

A new study says the mid-August flooding’s wreckage of south Louisiana crops and farmland caused an estimated $277 million in damage. The estimate released Tuesday by LSU AgCenter economist Kurt Guidry is more than twice his original damage assessment of …

Group Touts New Sugarcane Insurance Opportunities in Louisiana

The American Sugar Cane League says Louisiana sugarcane farmers have until the end of September to make crop insurance decisions for the 2017 crop under a new insurance program. In a news release, the league says the new program provides …

Everest Re Completes Crop Insurer Sale to CGB Diversified Services

Everest Re Group Ltd. has finalized the sale of its U.S. crop managing general agent, Heartland Crop Insurance Inc., to CGB Diversified Services, Inc. for $49 million. In conjunction with the sale, Everest has entered into a strategic long term …

Everest Re Selling Crop Insurer Heartland to CGB

Bermuda’s Everest Re Group is selling its U.S. crop insurance company, Heartland Crop Insurance Inc., to CGB Diversified Services Inc., a crop insurance, transportation and storage firm in Illinois. Upon completion of the sale, Everest Re will provide quota share …

Hail Damage Claims from Montana Crops on The Rise

State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reported the state Department of Agriculture’s Walt Anseth says farmers submitted 200 insurance claims from January to …

North Dakota Storms Cause Widespread Crop, Property Damage

Recent storms that have dropped heavy rain and hail across North Dakota have caused headaches for motorists, farmers and homeowners. Weekend storms caused widespread crop and building damage in the Killdeer area, where hail piled up like snowbanks. Wahpeton got …

Crop Hail Damage Claims on the Rise in Montana

State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reports the state Department of Agriculture’s Walt Anseth says farmers submitted 200 insurance claims from January to …

Wet Spring Hurts Kentucky Corn, Soybean Farmers

This year’s wet spring season is causing problems for farmers in western Kentucky who are trying to get corn and soybeans planted. The farmers said they have been hurt by the recent series of thunderstorms and torrential rains that have …

Minnesota, Wisconsin Wine Grape Crops Damaged in Cold Snap

Vintners in southern Wisconsin and southeastern Minnesota are reeling from a weekend cold snap that ruined huge swaths of their grapes. Temperatures dipped below freezing in much of those areas late Saturday and early Sunday, wiping out grape shoots that …