Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Aon Benfield Cat Report for November Highlights Cold and Floods
Dec 6 2010 // In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published...
Farmers Insurance Files for Homeowners Rate Hike in Texas
Dec 5 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners insurance coverage in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about...
Employers With Foreign Labor Face Increased Liability
Dec 5 2010 // Insurance Considerations for Agents Insuring Agricultural Employer Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable workforce...
Crop Bounty Spurs Construction Boom at Midwest Grain Elevators
Dec 3 2010 // A construction boom has been under way at grain elevators across the Great Plains, where farmers have grown more corn and opted to keep more of the grain to meet the demand from ethanol plants. Storage capacity at the...
Farmers Insurance Files for Homeowners Rate Hike in Texas
Nov 29 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the...
Melting Siberian Permafrost Raises Tricky Climate Issue
Nov 23 2010 // The Russian scientist shuffles across the frozen lake, scuffing aside ankle-deep snow until he finds a cluster of bubbles trapped under the ice. With a cigarette lighter in one hand and a knife in the other, he lances the...
Deaths, Injuries Among Midwest Grain Workers Hit Record
Nov 18 2010 // Accidents in grain silos, storage bins and other facilities killed and injured a record number of workers through October this year, a study by Purdue University showed. The October study showed 46 deaths and injuries so...
Amerisafe to Acquire Book of Business from Cooperative Mutual
Nov 17 2010 // DeRidder, La.-based Amerisafe Inc., a specialty writer of hazardous workers’ compensation insurance, announced it plans to acquire the workers’ compensation business of Cooperative Mutual Insurance...
Key Facts and Provisions of U.S.-South Korea Trade Deal
Nov 11 2010 // The United States and South Korea are working to resolve beef and auto trade issues blocking U.S. congressional approval of a free trade agreement while President Barack Obama is in Seoul for the Group of 20 summit. An...
Oregon State to Assist Crop Insurance Program
Nov 8 2010 // An innovative climate and weather monitoring system developed at Oregon State University in Corvallis will soon be used to help underwrite and verify claims of crop losses, both to improve services to farmers across the...
Zurich Posts $1.2 Billion Q3 Operating Profit; $751 Million Net Income
Nov 4 2010 // Zurich Financial Services Group reported a business operating profit of $1.2 billion and net income of $751 million for the third quarter. “Global Life and Farmers supported the Group’s profitability by...
Farmers Completes Move Into New Oklahoma City Facility
Nov 4 2010 // Employees of Farmers Insurance have relocated to their new 175,000 foot facility near Memorial and Rockwell roads in Oklahoma City. The new, technically advanced facility is environmentally-friendly and designed to LEED...
Kentucky Farm Bureau Grows to 500K Members
Nov 2 2010 // Kentucky Farm Bureau (KFB) in October surpassed the half-million membership mark for the first time in the organization’s 91-year history. Attracting 500,316 member families in fiscal year 2010, KFB increased its...
Report Concludes Invasive Species, Climate Change, Form ‘Deadly Duo’
Oct 22 2010 // Climate change is set to drive the spread of invasive plant and animal species, threatening forests, fisheries and crops, in a double blow to nature and livelihoods, a World Bank-funded report said on Friday. The study by...
Ex-AIG Executive Indicted in New York Horse Farm Fraud
Oct 20 2010 // A former Deutsche Bank AG and American International Group Inc. managing director and her husband have been indicted for fraud for allegedly conspiring to illegally extract money from those companies to help run their...
Markel International further expands bloodstock, livestock business
Oct 18 2010 // Markel International will further expand its bloodstock and livestock business with the acquisition of the renewal rights of the bloodstock and livestock book currently written by Talbot Underwriting Ltd. Sophie Dunkerley...
Tragedy in Tennessee: Family Had No Fire Service and Minimum Insurance
Oct 18 2010 // The Obion County, Tenn. family whose home burned on Sept. 29 while firefighters watched from their truck has insurance to payoff their mortgage but not enough to cover everything lost or to rebuild, according to the family...
Zurich Settles Class Action Lawsuit for $455M Over Insurance Exchanges
Oct 18 2010 // Zurich Financial Services Group and its subsidiary, Farmers Group Inc. (FGI), have settled for $455 million a nationwide class action lawsuit that is pending in Superior Court in Los Angeles. The settlement money will be...
Two Killed as Combine Strikes Power Lines on New Jersey Farm
Oct 14 2010 // New Jersey State Police say a farm machine struck overhead power lines and caught fire, killing two workers and injuring a third. Sgt. Julian Castellanos says a chute on a combine the men were operating snagged...
Farmers Insurance Offers Coverage in Virtual FarmVille
Oct 14 2010 // Farmers Insurance Group is offering virtual crop insurance for 60 million monthly players in the virtual world of FarmVille. The Farmers in-game integration will use the likeness of its Farmers Insurance Airship, a...
