Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Aon Secures First Agricultural Reinsurance Contract in China
May 20 2005 // Aon Re China Limited, a unit of Aon Corp., has secured 100 percent placement of the first agricultural reinsurance contract in China. The contract was awarded by the Shanghai Anxin Agricultural Insurance Co. Ltd. (AAIC),...
The Family That Farms Together, Sells Insurance Together
May 9 2005 // Suydam Agency Firmly Planted in Community It Serves They could sweep me out of my office and I know that the business would continue just fine. But what am I going to do if I’m not here? I’m not going to work...
Farmers Announces Another California Workers’ Comp Rate Reduction
Apr 26 2005 // The Farmers Insurance Group of Companies announced a 10 percent rate reduction in workers’ compensation rates for its California business customers. Since 2004, Farmers has slashed its workers’ compensation...
Lloyd’s Celebrates 20 Years of Support to Univ. of Ky. Veterinary Science Department
Apr 21 2005 // Lloyd’s of London is celebrating its 20th anniversary as a supporter of the University of Kentucky in Lexington. Since the mid-1980s, Lloyd’s of London underwriters, brokers and their Kentucky agents have given...
Saving Pittsburgh’s Summer
Apr 18 2005 // With Rates Climbing and Underwriting Tightening, Outdoor Groups Try to Hang On So often, the industry hears about issues from the side of its own insurance agents or underwriters. This is a tale from the perspective of...
SEED MAKERS’ LIABILITY SOUGHT:
Apr 18 2005 // The Vermont Senate has approved a bill that would make seed manufacturers rather than farmers liable for damages from genetically modified crops. The measure is designed to help farmers recover losses from the accidental...
Vermont Senate Seeks ‘Strict Liability’ for Seed Makers of Genetically Engineered Crops
Apr 3 2005 // The Vermont Senate last week gave preliminary approval to a bill that would make seed manufacturers rather than farmers liable for damages from genetically modified crops. As the measure heads for a final vote, an...
SECURA to Unveil Farm Rating Program for Agents
Mar 28 2005 // Appleton, Wis.-based SECURA Insurance Cos. announced that it will soon introduce a desktop farm rating software program for its agents. The program, called AgRate, will be downloaded through its Web site. Agents will...
FARMERS TO LOWER RATES FOR COLO. AUTO CUSTOMERS:
Mar 21 2005 // Farmers Insurance Group of Companies announced it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers’ customers in Colorado will see a rate decrease that will average...
Wells Joins HRH Insurance Services
Mar 18 2005 // The Fresno, California office of Hilb Rogal & Hobbs Insurance Services recently hired Kaye Wells as marketing director. Wells brings 21 years of industry experience to HRH having worked in various areas of insurance...
Farmers to Lower Rates for Colo. Auto Customers
Mar 7 2005 // Farmers Insurance Group of Companies announced Monday it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers’ customers in Colorado will see a rate decrease that will...
Soybean Rust Threatens Nine States, Farmers Rethinking Coverage Choices
Mar 7 2005 // A warning to prepare for the worst and hope for the best has been issued by researchers who discovered late last year that when Hurricane Ivan tore across the southeastern U.S. it brought with it wind-borne soybean rust...
Willis Forms Agri-Business Practice
Mar 1 2005 // Willis Group Holdings has announced the formation of a new Agri-Business Practice which is based in Lexington, Ky. A team of risk management and insurance professionals with experience in agriculture and animal mortality...
Texas Appeals Court Reverses Farmers Settlement
Feb 7 2005 // Justice David Puryear with the Third District Court of Appeals in Austin, Texas, on Jan. 21 struck down a $117.5 million settlement Farmers Insurance Group reached with the state in 2002 over homeowners insurance...
Trade Ministers to Seek Doha Accord; Agreement Could Bolster International Insurance Market
Jan 31 2005 // Although the world’s developed and developing nations still appear to be far apart on concluding new agreements on international trade, they’ve at least agreed to make a new attempt to do so. The so-called Doha...
A.M. Best Affirms Ratings for Southern Farm Bureau Casualty Group; Outlook Stable
Jan 27 2005 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of Southern Farm Bureau Casualty Group (SFB) (Ridgeland, Miss.). The rating outlook has been revised to stable from negative. Concurrently, A.M....
Farmers Survey: Red Light Running Among Top Causes of Crashes; Men More than Women Feel Need to Run
Jan 25 2005 // While most people associate fatal auto crashes with speeding or drunk driving, making a trip to the grocery store could prove just as, if not, more treacherous. A new survey conducted by the Farmers Insurance Group of...
Texas Appeals Court Reverses Farmers Settlement
Jan 21 2005 // Justice David Puryear with the 3rd District Court of Appeals in Austin, Texas, on Jan. 21 struck down a $117.5 million settlement Farmers Insurance Group reached with the state in 2002 over homeowners rates. Texas Attorney...
Republic Launches New Farm & Ranch Owners Program
Dec 28 2004 // The Republic Group, headquartered in Dallas, introduced a new farm and ranch program that will be available beginning Jan. 3, 2005. According to the company, the new program includes farm and ranch property, machinery and...
Officials Revamp, Expand Western Program for Rangeland Insurance
Dec 23 2004 // A pilot program for rangeland insurance, criticized by some for how it calculated losses, has been revamped and expanded to include more producers in Montana and Wyoming, a federal agriculture official said Dec....
