Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farmers Insurance fined $2 million; company refunds $1.4 million
Sep 24 2007 // Farmers Insurance has refunded $1.4 million to thousands of California homeowners and agreed to pay $2 million in penalties to settle complaints that the company overcharged policyholders, officials said. The settlement...
News Currents
Sep 24 2007 // Farmers Insurance fined $2 million; company refunds $1.4 million Farmers Insurance has refunded $1.4 million to thousands of California homeowners and agreed to pay $2 million in penalties to settle complaints that the...
Fla. High Court Affirms Policies Cover Only Losses from Covered Perils
Sep 21 2007 // Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key...
Governor Says Feds Declare Disaster Area in N.C. Counties
Sep 17 2007 // Farmers across North Carolina are now eligible for low-interest emergency loans from the federal government to help them recover from sizable crop losses sustained in the state’s ongoing drought, Gov. Mike Easley...
Dale Approved Miss. Farm Bureau Casualty Co. Rate Reductions
Sep 14 2007 // In a step seen to indicate further stabilization of the Mississippi insurance market, Commissioner of Insurance George Dale announced that he has approved two rate filing reduction requests filed by Mississippi Farm Bureau...
Calif. Orders Recall of Organic Cream after Finding Listeria
Sep 12 2007 // California agriculture officials ordered an organic dairy to recall and quarantine some of its Grade A raw cream after finding product that contained a bacteria that can cause serious or fatal infections in children, the...
Endurance Specialty to Acquire Crop Insurer ARMTech
Sep 7 2007 // Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, reports that one of its U.S. based holding companies is buying out ARMtech Insurance Services, Inc. and its...
Officials in Midwest States Seek Federal Aid after August Storms
Sep 7 2007 // Flooding concerns continue to plague states in the Midwest after the latest round of high winds, tornadoes and heavy rain in late August. Some state officials are seeking federal aid to help homeowners and businesses get...
Farmers Insurance Fined $2 Million; Refunds $1.4 Million
Sep 7 2007 // Farmers Insurance refunded $1.4 million to thousands of California homeowners and agreed to pay $2 million in penalties to settle complaints the company overcharged policyholders, officials said. The settlement came after...
Farmers Names Sgoureva Regional VP in California
Sep 5 2007 // Farmers Insurance Group, Inc., announced that Russina Sgoureva has joined the company as regional vice president of auto product management for California. Previously, she spent more than five years with Progressive...
Farmers Honors Fire Prevention Week
Sep 5 2007 // Farmers is declaring the week of September 10-16, Wildfire Awareness Week to increase awareness of fire prevention. The company will kick off the week by presenting two checks: one to the California FireSafe Council Inc....
Gov. Fletcher Requests Federal Help for Ky. Farmers
Aug 31 2007 // Crop loss across Kentucky prompted by the third driest May through August in the past 113 years forced Gov. Ernie Fletcher to request U.S. Department of Agriculture disaster assistance for farmers across the...
2004 Audit Said W. Va. Food Warehouse was Safety Threat
Aug 16 2007 // A West Virginia agency was warned three years ago that a Charleston food warehouse whose roof collapsed last month posed a safety threat. A 2004 audit by the U.S. Department of Agriculture advised state Department of...
Sept. Agribusiness Conference Scheduled in Richmond, Va.
Aug 15 2007 // A two-day conference focusing on farm and agribusiness insurance risks will be held in Richmond, Va., next month. The Southeast Agribusiness Conference allows participants to receive continuing education credits from most...
Iowa Court Case Debates Definition of Corn Stover Versus Corn Stubble?
Aug 10 2007 // When is cornfield residue stover and when is it stubble? That’s the question the Iowa Court of Appeals decided in ruling in favor of a farmer who sued his insurance company after it failed to cover fire damage to a...
Low Lake Okeechobee Levels Threaten Fla. Farmers
Aug 9 2007 // Farmers around Lake Okeechobee will face serious financial difficulties if officials can’t figure out a way to get its water level up, state Agriculture Commissioner Charles Bronson said Tuesday. He said the drought...
Marsh UK Advises on Foot and Mouth Disease Outbreak
Aug 9 2007 // Foot and Mouth disease (FMD) in cattle is a costly and tragic disaster – for the farmers and related industries, as well as the cows. A bulletin from Marsh’s London office notes that the “2001 outbreak...
Farmers Dispatching Claims Team to Help with Montana Fire
Aug 8 2007 // The Farmers Insurance Group of Companies’ said its claims personnel are on the scene near Seeley Lake, Mont., today assisting Farmers’ customers who may have been evacuated or suffered damage from the...
Farmers rethinks homeowners rate hike in Texas
Aug 6 2007 // Texas regulators indicated they would turn down a proposal by Farmers Insurance for a 6.6 percent statewide increase in homeowners rates, so in late July 2007, the company said it will revise its plan. Ben Gonzales, a...
Farmers Opens Servicepoint Center in Oregon
Aug 2 2007 // Farmers Insurance Group of Companies announced it is opening a new ServicePoint operations Center in Hillsboro, Ore. The ServicePoint call center will be open by mid-year 2008 and will initially house more than 500...
