Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
N.C. Couple ‘Iced’ Tomatoes; Sentenced for $9M in Fake Claims
Sep 9 2005 // A scheme to defraud a government agency and several private insurance companies of more than $9 million has landed an Asheville, N.C. farmer and his wife in prison. Robert Warren and Vicki Warren, owners of R&V Warren...
Best Affirms NZ’s Credit & General Insurance ‘A-‘ Rating
Sep 7 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of New Zealand’s Credit & General Insurance Limited (CGIL), with a stable outlook. “The rating...
Aon Warns of Agribusiness Hits in Wake of Katrina
Sep 6 2005 // The effects of Hurricane Katrina will be felt in the country’s agricultural business as poultry plants and other businesses along the beleaguered Gulf Coast struggle with power outages and many crops await shipment,...
GOV. DOYLE SIGNS HEALTH INSURANCE BILL:
Sep 5 2005 // Wisconsin Gov. Jim Doyle signed a bill designed to allow farmers and others who lack health insurance to join a cooperative that will negotiate health insurance plans on their behalf. A.B. 5 expands access to health care...
News Briefs
Sep 5 2005 // Illinois CCC Settles Class-Action Suit on Total Loss Vehicle Valuation: Chicago-based claims software-maker CCC Information Services Inc. and 15 of its customers signed a settlement agreement with plaintiffs in various...
News Briefs
Sep 5 2005 // ARKANSAS Forged State Check Scam Centers on Ark. Arkansas Attor-ney General Mike Beebe’s office said it is among several state and federal agencies investigating an international scam involving forged copies of State...
Farmers Claims Teams Assisting Katrina Victims
Sep 2 2005 // Farmers Insurance Group of Companies advises its customers suffering damage from Hurricane Katrina to immediately contact their agent or call the 24 hour claims hotline, 800-HelpPoint (1-800-435-7764). A combination of...
Farmers Notes 10.5% Workers’ Comp Reduction for Okla. Customers
Aug 30 2005 // The Farmers Insurance Group of Companies announced a 10.5 percent reduction in workers’ compensation rates for its Oklahoma business customers reportedly due to an improving insurance marketplace. This 10.5 percent...
N.C. Farmers Receiving Assistance for Last Year’s Flood Damage Claims
Aug 23 2005 // North Carolina farmers who suffered flooding losses from last year’s hurricanes will soon receive disaster-assistance grants from the North Carolina Department of Agriculture and Consumer Services. The checks issued...
Farmers Reports 15% Workers’ Comp Rate Reduction
Aug 23 2005 // The Farmers Insurance Group of Companies has announced a 15 percent rate reduction in workers’ compensation rates for its Texas business customers. This latest reduction comes on the heels of an earlier 20 percent...
Mother-Daughter Team Arrested
Aug 22 2005 // Two Kern County farm labor contractors surrendered to authorities July 12 after a two-year investigation found that they had allegedly under-reported their business’ payroll by $1 million. The investigation began...
People
Aug 22 2005 // The National Association of Government Labor Officials (NAGLO) during its 2005 summer conference elected Minnesota Department of Labor and Industry Commissioner Scott Brener president. With members from more than 30 U.S....
Increase in Midwestern Insured Crop Acres Eases Drought Threat
Aug 22 2005 // Farmers in Midwestern states like Kansas have more than doubled the acres they insure and tripled their dollar amount of coverage since 1989, according to recent statistics. It’s a trend that could mitigate financial...
Former Insurance Broker Pleads Guilty
Aug 22 2005 // The California Department of Insurance announced that Mark Jerome Gentry of Antioch, Calif., entered a guilty plea on June 23, 2005 to multiple counts of grand theft in the Contra Costa County Superior Court. Gentry was...
Zurich 1st Half Net up 21% to $1.799 Billion; Farmers Profit Up
Aug 18 2005 // Zurich Financial Services Group joined the parade of insurers reporting strong first half results. The Swiss-based Company, which also manages the Farmers Exchanges in the U.S., posted a net income of $1.799 billion, an...
Wisc. Gov. Doyle Signs Health Insurance Bill
Aug 16 2005 // Wisconsin Gov. Jim Doyle yesterday signed a bill designed to allow farmers and others who lack health insurance to join a cooperative that will negotiate health insurance plans on their behalf. A.B. 5 expands access to...
IIA San Antonio to Hold Farm/Ranch Seminar
Aug 2 2005 // The Independent Insurance Agents of San Antonio announced that their August continuing education seminar will focus on farm and ranch exposures. The Aug. 11 seminar, “Insuring Farm & Ranch Exposures,” will...
Kansas Doubles Amount of Insured Crop Acres
Jul 29 2005 // Kansas farmers have more than doubled the insured acres in the state since 1989, tripling their dollar amount of coverage during the same time, according to a recently released study. The Associated Press reported that so...
Farm Misses Time to File Lawsuit in Damage to Crops
Jul 28 2005 // A judge dismissed a central Wisconsin farm’s lawsuit seeking to recover thousands of dollars in crop losses from an insurance company because the suit was filed days after a deadline, a state appeals court ruled. The...
AFG Sub Notes Plans to Purchase Farmers Crop Insurance Alliance
Jul 28 2005 // Ohio-based American Financial Group Inc. and Farmers Alliance Mutual Insurance Company announced that they have executed a letter of intent to acquire the multi-peril crop insurance and the crop hail insurance businesses...
