Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
S.C. Farm Bureau Mutual Names Sanders V.P. of Policy Services
Nov 3 2005 // Gail Sanders has been promoted to vice president of Policy Services of the South Carolina Farm Bureau Mutual Insurance Company in Cayce, S.C. For 11 years, Sanders has worked as the company’s Policy Services manager....
AGR-Lite Insurance Program Available for North Carolina Farmers
Oct 28 2005 // North Carolina farmers seeking whole-farm revenue protection insurance can now, through the AGR-Lite Insurance Program, guarantee a portion of their farm income and insure crops that previously were not covered under...
Woman Who Took Insurance Case to Supreme Court Wins Settlement
Oct 28 2005 // Farmers Insurance has paid $760,000 to a 62-year-old Irish woman who successfully argued her claim before the state Supreme Court, despite having no college degree or legal training. Mary Mulcahy, of Seattle, was injured...
Amendment Defunding Crop Insurance Plan Included in Agriculture Bill
Oct 26 2005 // An amendment defunding Premium Reduction Plans (PRPs) was included in an agriculture bill today, an effort the Independent Insurance Agents & Brokers of America (the Big “I”) sought out because of various...
Florida Dispatching Search-and-Rescue Officers to Areas Hit by Hurricane Wilma
Oct 24 2005 // More than 300 search-and-rescue officers are now fanning out over southwest Florida and are heading toward southeast Florida to assist in search and rescue efforts, according to Tom Gallagher, Florida’s State Fire...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres, and coverage has increased by $12.2...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // With Katrina’s impact yet to be felt, farmers in low loss-ratio states may have to pick up the slack for the hard-hit Gulf Coast farmers in months and years to come. If anything, the aftermath of Katrina underlines...
News Briefs
Oct 17 2005 // OHIO Hospital Group Sues WC Bureau: The Ohio Hospital Association and a member hospital sued the Ohio Bureau of Workers’ Compensation in September on claims the state did not follow legal processes for a $50 million...
South Dakota
Oct 17 2005 // S.D. Farm Couple Pleads Guilty to $1.3 Million Scheme: A Rapid City, S.D. couple has pleaded guilty in U.S. District Court to conspiring to defraud the U.S. government out of more than $1.3 million in farm benefits. Connie...
As Insured Acres Increase Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres and coverage increased by $12.2 billion...
Livestock and Equine Mortality: A Texas Niche and a Late Notice Trap
Oct 17 2005 // Insureds under livestock and equine policies need to be familiar with the policy conditions and strictly comply with the policy conditions. Texas has been the source of much of the law, nationally, in regard to...
Dual Hurricanes Blew in Big Problems for Agribusiness in Louisiana,Texas
Oct 17 2005 // In addition to the immense destruction in heavily populated urban centers and coastal communities caused by Hurricanes Katrina and Rita, which hit the Gulf Coast region in August and September 2005, agricultural interests...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres and coverage increased by $12.2 billion over the...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // The hurricane [Katrina] produced catastrophic Broward and Miami- Dade counties in Florida. As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide,...
AIA Backs U.S. WTO Trade Negotiation Efforts; Looks for Opening of Markets
Oct 14 2005 // The American Insurance Association (AIA) on Friday commended U.S. trade negotiators for their efforts to revive World Trade Organization (WTO) talks and provide hope for the opening of global insurance markets. “We...
Best Downgrades FSR of Mississippi Farm Bureau Mutual Insurance Co.
Oct 14 2005 // A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A+ (Superior) of Mississippi Farm Bureau Mutual Insurance Company (MFB) (Jackson). The rating remains under review with negative...
OneBeacon Closes Sale of National Farmers Union to QBE
Oct 4 2005 // OneBeacon Insurance Group in Boston has completed the sale of National Farmers Union Property and Casualty Company subsidiary to QBE Insurance Group as planned for approximately $142 million. The transaction included...
Agriculture Losses in La. from Hurricane Rita to Top $472 Million
Oct 4 2005 // The Louisiana Department of Agriculture and Forestry reported that with preliminary estimates in, it appears agriculture and forestry will take at least a $472 million hit from Hurricane Rita. Coupled with the growing...
Farmers Insurance Reports Katrina Losses Within Yearly Figures
Oct 4 2005 // The Farmers Insurance Group of Companies announced Tuesday the estimated losses experienced by its Property and Casualty Insurance Exchanges from Hurricane Katrina. Louisiana, Alabama and Mississippi are relatively new...
FLORIDA
Oct 3 2005 // The Prosecutor’s Office has charged five St. Petersburg residents with filing false claims and defrauding two car insurance companies after a May 2004 two-car wreck in Pinellas Park, Fla. Zlatan Ramic, Alija...
