Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Zurich Names Dailey to Executive Committee; Farmers Group CEO
Dec 8 2011 // Zurich Financial Services Group announced that Jeff Dailey (54, U.S. citizen) has been appointed as a member of the Group Executive Committee effective January 1, 2012. He is currently President and COO of Farmers Group,...
Risk Management Agency Starts Olive Program in 12 California Counties
Dec 7 2011 // The U.S. Department of Agriculture’s Risk Management Agency on Wednesday announced a new pilot insurance program for table and oil olives in 12 California counties beginning with the 2012 crop year. The sales closing...
Utah Prepares for Spring Flooding
Dec 6 2011 // After coming out of this year’s spring flooding with damage limited mostly to Utah farmlands, state and county officials are beginning preparations for next year with a wary eye toward the state’s...
Insurers Finally Get Right to Jury Trial in New Jersey
Dec 5 2011 // Forty years ago the New Jersey Supreme Court in Rova Farms Resort, Inc. v. Investors Ins. Co. of America, 65 N.J. 474, 323 A.2d 495 (1974), recognized a cause of action against an insurance company in situations where the...
Camelina Crop Insurance Available in Selected Montana Counties
Dec 2 2011 // The U.S. Department of Agriculture has announced a pilot program to provide crop insurance for camelina in selected counties in Montana and North Dakota beginning with the 2012 crop year. Oil from crushed camelina seeds...
USDA Sets up Pilot Program to Insure Biofuel Crops
Dec 2 2011 // The U.S. Department of Agriculture’s Risk Management Agency will insure camelina through a pilot program in 2012. It will be available in Montana and North Dakota, and sales will close Feb. 1, 2012. The USDA has...
ACE Completes $107M Acquisition of Agribusiness Insurer Penn Millers
Dec 1 2011 // ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers...
James River Still Above Flood Stage in Parts of South Dakota
Nov 30 2011 // South Dakota officials say some stretches of the James River remain well above flood stage heading into the winter freeze, setting the stage for more flooding next spring. The James, which has been out of its banks for...
Feds Say Farmers in Upstate New York Can Get Flood Loans
Nov 29 2011 // Federal authorities say farmers in eight upstate New York counties are primary natural disaster areas eligible for assistance recovering from tropical storm Lee. The U.S. Department of Agriculture also said 16 counties...
Ohio Businesses Awarded More Than $273K for Workplace Safety
Nov 23 2011 // The Ohio Bureau of Workers’ Compensation (BWC) awarded 13 businesses safety intervention grants totaling more than $273,000 during October to make Ohio workplaces safer, the agency announced. BWC designed the Safety...
Deadline at Hand in $750M Rice Settlement
Nov 21 2011 // Rice growers who lost sales after genetically modified rice seed mistakenly entered the U.S. market five years ago have until today to sign on to a $750 million settlement proposed by the company blamed for the...
Congress Eyes New Income Insurance for Farmers
Nov 8 2011 // Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying...
State Fund Announces Rate Filings, Incentives for California Farm Bureau
Nov 7 2011 // The government-controlled State Compensation Insurance Fund announced it has filed a new rating plan with the California Department of Insurance. The plan adopts the Workers’ Compensation Insurance Rating...
Crops Rebound Better Than Expected at Birds Point
Nov 7 2011 // When the Army Corps of Engineers was forced to breach the Birds Point levee in southeast Missouri at the height of spring flooding, many feared the rich 130,000 acres of farmland would be a total washout for 2011. But the...
The Demotech Company Classification System Reveals State Specialist Property/Casualty Insurers
Nov 7 2011 // Company Name State of Speciality 2010 TOTAL DPW Texas Mutual Insurance Co. TX 596,191 Old American County Mutual Fire Insurance Co. TX 575,100 SAIF Corporation OR 327,373 St. Johns Insurance Co. Inc. FL 257,106 Brickstreet...
The Climate Corp. Introduces Total Weather Insurance 2012
Nov 2 2011 // The Climate Corporation (formerly WeatherBill) have launched Total Weather Insurance (TWI) Corn 2012 and TWI Soybean 2012 which provide profit protection for growers against increasingly extreme weather. Total Weather...
Arkansas Farmers Make Out OK in Harsh Weather Year
Nov 2 2011 // “It’s about over, except for the shouting,” said Craighead County Extension Agent-Staff Chairman Branon Thiesse about the 2011 crops. “I don’t know how much shouting there will be, but there...
Farmers Insurance: Nov.1 Will Dramatically Impact Oklahoma Drivers
Oct 31 2011 // Farmers Insurance is advising Oklahoma residents that a new law, which goes into effect on Nov. 1, will have a significant effect on all drivers, especially those who drive without proper automobile insurance. The new...
Virginia Farm Bureau Says It’s Peak Deer vs. Car Season
Oct 31 2011 // The Virginia Farm Bureau is warning motorists to be mindful of deer wandering onto roads and highways, a common hazard during this time of year. The Farm Bureau should know. It says Virginia is among the top 10 states in...
Aon Report on Thai Floods Highlights ‘Extreme Human Suffering,’ Economic Loss’
Oct 31 2011 // Aon Benfield has published a highly detailed report on the ongoing floods in Thailand, from their meteorological beginnings – extremely heavy monsoon rains – to the widespread damage they have inflicted on one of East...
