Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farmers Insurance to Sponsor Upcoming PGA Tour Event in California
Jan 20 2010 // The San Diego Open found a title sponsor one week before its tournament, the fourth new sponsor the PGA Tour has attracted in the last nine months. The tour said that Farmers Insurance Group has agreed to be title sponsor...
World Economic Forum Presents Global Risks Report for Davos Summit
Jan 15 2010 // The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office. The report, which the WEF has...
Florida Citrus Growers Report More Damage From Another Freeze
Jan 13 2010 // Citrus growers in central Florida Tuesday reported more freeze damage to their oranges from another night of freezing temperatures and said they also feared leaf and twig damage could hurt the 2010/11 crop. Citrus growers...
Acadia Expands Agribusiness Product Line
Jan 13 2010 // Maine-based insurer Acadia Insurance said it is now offering a complete range of bundled products for the agribusiness industry throughout New England and New York. Acadia’s agribusiness target markets include:...
Unusual Cold Spell Imperils Florida Crops, Homes
Jan 13 2010 // Here’s something you don’t often see in this town at the heart of the state’s $9 billion citrus industry: a sign at the public library that says, “ICE! On sidewalk. Be careful!” Growers were...
The Gibraltar Group Addressing Dairy Industry Risks
Jan 12 2010 // Insurance and risk management firm, The Gibraltar Group, headquartered in Lubbock, Texas, has introduced a new insurance program to address the risks faced by the dairy industry. Businesses served by the new program...
A.M. Best Upgrades Farm Bureau County Mutual Insurance Co. of Texas
Jan 12 2010 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” for Farm Bureau County Mutual Insurance Company of Texas...
Farmers to Reduce Rates for Family Home Policy in Texas
Jan 12 2010 // The Texas Department of Insurance, the Office of Public Insurance Counsel and Farmers Insurance Company have reached a settlement in a dispute over a homeowners insurance rate increase filed by Farmers in June...
People
Jan 10 2010 // Virginia-based specialty insurer Markel Corp. announced that its President and Chief Operating Officer Paul W. Springman resigned. Springman had been on a leave of absence since late October. The Independent Insurance...
Uneven Expectations
Jan 10 2010 // Economy to Recover in Some States Before Others The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a...
North Carolina Farm Bureau Employee Charged with Embezzlement
Jan 6 2010 // A former customer service representative for the North Carolina Farm Bureau Insurance Co. has been arrested on charges she embezzled premium payments from customers. North Carolina Insurance Commissioner Wayne Goodwin...
Special Reuters Report: America’s Route to Recovery
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...
North Dakota Alleges Agent Fraud in Farm, Homeowners Insurance Sales
Dec 28 2009 // North Dakota Insurance Commissioner Adam Hamm has issued a cease and desist order against Patricia Howard, a Dunn Center insurance agent, who is alleged to have engaged in deceitful and dishonest practices against her...
Henle Named South Texas State Executive Director for Farmers Insurance
Dec 22 2009 // Farmers Insurance Group of Companies has named John Henle as South Texas state executive director. Henle replaces Larry Pratt who has been promoted to vice president – Sales in the company’s Los Angeles...
Farm Bureau Mutual Moving Forward with Mutual Holding Company Plan
Dec 21 2009 // Both the policyholders of Farm Bureau Mutual Insurance Company and the Iowa Insurance Commissioner now have approved plans under which the company will be reorganized into a mutual holding company structure. The plan of...
Farmers Appoints New Southwest Field Operations Executive
Dec 21 2009 // Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico,...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Austin-Round Rock, Texas, Most Secure Large Metro Area
Dec 18 2009 // The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live...
Hawaii Drought Earns Disaster Area Designation
Dec 15 2009 // The U.S. Department of Agriculture has designated Maui County and the Big Island primary natural disaster areas due to losses caused this year by continuing drought. Agriculture Secretary Tom Vilsack made the announcement...
Economists Estimate $309M Arkansas Crop Losses
Dec 15 2009 // Rains late in the growing season that inundated some cropland and pummeled rice and cotton plants caused an estimated $309 million in losses, according to economists at the University of Arkansas Division of...
