louisiana farm bureau News

AM Best Downgrades Credit Rating of Louisiana Farm Bureau

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (Louisiana Farm Bureau) (Baton Rouge, LA). The …

Commissioner: Farm Bureau to Drop Auto Insurance Rates in Louisiana

Louisiana Farm Bureau is following the downward trend in auto insurance rates started by State Farm and Progressive insurance companies, the Louisiana Department of Insurance reported. Louisiana Farm Bureau has filed for a 4.4% rate decrease on 220,000 automobile policies, …

Auto Insurer Loses Appeal for Dismissal of Complaints in Louisiana Claims Dispute

In late June, the Louisiana Supreme Court ruled against an insurer and its insureds seeking summary judgement dismissing complaints against them in a case involving auto insurance claims. At issue was whether or not the defendants were parties to an …

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 …

Surveys Aim to Find Out Extent of Feral Hog Damage in Louisiana

Feral hogs are rooting up levees and snarfing down crops all around Louisiana, but nobody’s sure just how much damage they’re doing. The LSU AgCenter is working to get a handle on that with a pair of surveys. Forestry economist …

Ark. Farm Bureau Ratings Lowered; Louisiana Farm Bureau Affirmed

A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Farm Bureau Mutual Insurance Co. of Arkansas Inc. (Arkansas Farm Bureau) in Little Rock, Ark. The …