Latest Agribusiness Headlines

All the headlines from our Agribusiness Topic Page, ordered by recency.

Okla. House Committee Votes to Protect Agriculture from Frivolous Lawsuits

Feb 10 2006 // If you overeat and gain weight, you’ll have to rely on diet and exercise – not a lawsuit – to solve the problem under legislation approved by an Oklahoma House of Representatives committee. House Bill...

Agribusiness Conference – Sacramento

Feb 8 2006 // The nation’s largest two-day conference focusing on farm and agribusiness insurance risks will be held March 15-16, 2006 in Sacramento, CA at the beautiful Radisson Resort Hotel. This 19th Annual Agribusiness...

Satellite Images Used to Detect Crop Fraud

Feb 6 2006 // Satellite Images Used to Detect Crop Fraud When thinking of satellite images most think of in terms of space exploration, but not as showing up in courtrooms to help prosecutors prove crop insurance fraud. Now the...

Harvesting value: revaluation revolution comes to farms lines

Feb 6 2006 // Is the valuation revolution coming to farm insurance? For several years now, residential and commercial property insurance specialists have been employing new automated systems to refine their calculations of the value of...

TREASURY CLARIFIES LIABILITY UNDER TERRORISM REINSURANCE

Feb 6 2006 // Insurers writing monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program. Officials of the U.S....

Satellite Images Used to Detect Crop Fraud

Feb 5 2006 // Fraud Roundup When thinking of satellite images most think of in terms of space exploration, but not as showing up in courtrooms to help prosecutors prove crop insurance fraud. Now the Agriculture Department’s Risk...

Spotlight: Farm & Ranch

Feb 5 2006 // Harvesting value: revaluation revolution comes to farm lines Bringing changes to valuations has been complicated because farm are such unique collections of structures Is the valuation revolution coming to farm...

Treasury clarifies liability under terrorism reinsurance

Feb 5 2006 // Insurers writing monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program. Officials of the U.S....

Insurance Skills Center Hosts Agribusiness Conference

Feb 2 2006 // Insurance Skills Center, Huntington Beach, Calif., will be hosting a two-day Annual Agribusiness Conference on March 15-16, 2006, in Sacramento, Calif., at the Radisson Resort Hotel. This 19th Annual Agribusiness...

Jury Acquits Minnesota Family in Agriculture Fraud Case

Feb 1 2006 // A federal jury deliberated about a day before returning acquittals for members of a Minnesota family accused of criminal charges in a large agricultural fraud case, the Associated Press reported. The defendants had been...

Farmers Assists with Black History Educational Initiative

Jan 31 2006 // Farmers Insurance Group has partnered with the Association for the Study of African American Life and History (ASALH) to bring an African-American documentary film — “Freedom’s Song: 100 years of...

NAMIC Works with Indiana Farm Mutuals to Correct Tax Code Mistake

Jan 27 2006 // The National Association of Mutual Insurance Companies and the Mutual Insurance Companies Association of Indiana are working together to address a mistake in Indiana’s 2002 tax code revision which erroneously raised...

Farmers Insurance Group Fined $1 Million in Settlement

Jan 24 2006 // Farmers Insurance Group has been fined $1 million following settlement negotiations about how the company handled consumer claims. Farmers, consisting of Farmers Insurance Exchange, Fire Insurance Exchange, Mid-Century...

Self Insured Solutions Adds Groups

Jan 24 2006 // Self Insured Solutions (http://www.calsig.com/), a California developer and administrator of private self insured workers’ compensation groups, reported the formation of three new agriculturally oriented Self Insured...

Treasury Clarifies Farm, Liability, Umbrella Issues Under Terrorism Reinsurance Program

Jan 18 2006 // Insurers that write monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program. During a conference...

Best Downgrades FSR for Louisiana Farm Bureau; Outlook Negative

Jan 18 2006 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (LFB) (Baton Rouge, La.). The rating has been removed from under review and...

7 Suspects Arrested in Calif. Workers’ Comp Fraud

Jan 16 2006 // Seven suspects in California’s San Joaquin Valley region have been arrested for workers’ compensation fraud that cost insurers $900,000, and duped the state out of some $676,000 in payroll taxes, according to...

Ind. Farm Bureau Insurance Co. Supports Victims of Fraud: Agent Arraigned this Week

Jan 13 2006 // Indiana Farm Bureau’s Chief Executive Officer, Jerry Canada, recently voiced the company’s steadfast commitment to continue to work with investigators as well as to support policyholders who were victims of...

Satellite Images Used to Detect Crop Insurance Fraud

Jan 12 2006 // Satellites have been connected with space explorations, monitoring crop conditions around the globe, helping commodities markets price the product and more. Few of us think of satellite images showing up in courtrooms to...

AMC Now Offering Bundled Coverage for Farm Operations

Jan 12 2006 // Conway, Ark.-based American Management Corporation reported it now allows farmers to insure all of their farm operations with one policy. Through a new partnership with St. Paul Traveler’s AMC agents are able to...