Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
The Hartford FSG to Sell Crop Business to Wells Fargo’s Rural Community Insurance Co.
Oct 4 2004 // The Hartford Financial Services Group Inc. has reportedly agreed to transfer all its multi-peril crop insurance to Rural Community Insurance Company (RCIC), a subsidiary of Wells Fargo & Company. Financial terms were...
Florida Farm Bureau Uses Satellite Mapping to Speed Insurance Claims
Sep 29 2004 // With more than half of Florida’s 17 million residents directly affected by Hurricane Charley and Hurricane Frances, the Florida Farm Bureau (FFB) Insurance Companies is using geographic information system (GIS)...
Mistakes Cost Farmers Millions in Lost Insurance Pay
Sep 29 2004 // Farmers may lose millions of dollars in insurance payments for their sprout-damaged wheat because of widespread mistakes in sampling their crop at Kansas grain elevators, state officials said. Kansas Agriculture Secretary...
Fatal Work Injuries Drop in Minn.
Sep 23 2004 // Seventy-two fatal work injuries were recorded in Minnesota in 2003, a decrease of nine cases from 2002, according to the Census of Fatal Occupational Injuries, conducted by the Bureau of Labor Statistics. The total is...
Ala. Gov. Riley Requests Federal Aid for Farmers
Sep 21 2004 // Alabama Gov. Bob Riley on Monday asked U.S. Agriculture Secretary Ann Veneman to declare Alabama a federal agriculture disaster area due to the devastation brought by Hurricane Ivan. An agriculture disaster declaration...
Commercial Agribusiness
Sep 20 2004 // Nuts & Bolts: Seattle, Wash.-based Mattei Companies is offering a new market for commercial agribusiness. The program has now expanded into 30 states targeting operations after the product has left the fields, such as...
CROP PROGRAM DEADLINE SEPT. 30:
Sep 20 2004 // Pennsylvania Agriculture Secretary Dennis Wolff reminded fall-seeded barley, wheat and forage producers that they have until Sept. 30, 2004 to purchase crop insurance or modify existing choices for 2005. “Crop...
Ga. Gov. Perdue Urges USDA to Expedite Disaster Assistance for Farmers Following Frances
Sep 17 2004 // Following the Governor’s initial request, the Georgia State Emergency Board is recommending approximately 100 counties for federal disaster assistance. Georgia’s crops were severely impacted by the high winds...
Farmers Sues L.A. Body Shop for Alleged Fraud
Sep 2 2004 // Farmers Insurance Exchange has begun serving civil summons and complaints upon a Los Angeles body shop and its director, accusing them of taking part in a scheme designed to defraud Farmers and its policyholders. The civil...
Farmers Insurance Cautions Vehicle Owners on Windshield Replacement Scams
Aug 10 2004 // Driving with a cracked or broken windshield puts both drivers and their passengers at risk. In fact, insurance companies in some states are required by law to waive the deductible for damaged or broken windshields in an...
Best Announces Ratings on 55 Canadian P/C Insurers
Aug 9 2004 // A.M. Best Co. has “affirmed the financial strength ratings of 38 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned initial ratings to four Canadian property/casualty...
North Carolina Farm Bureau Insurance Group Selects SEEC’s CSA
Aug 3 2004 // SEEC Inc., a provider of legacy modernization solutions for insurance, financial services and manufacturing, and Enterprise Web provider Plumtree Software announced that North Carolina Farm Bureau Insurance Group (NCFB)...
Crop Insurers, Agents Unhappy With New SRA
Jul 20 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement came and went June 30. And while all the 14 insurers who participated in the program...
Crop Insurers, Agents Unhappy With $36 Million Subsidy Cut for 2005
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s standard reinsurance agreement (SRA) came and went June 30. While all the 14 insurers that participated in the...
Crop Insurers, Agents Unhappy With New SRA’s $36 Million Subsidy Cut
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement (SRA) came and went June 30. And while all the 14 insurers who participated in the...
China Wakes Up as the World Watches
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Texas Gov. Requests Disaster Assistance for Briscoe County Following June Storms
Jul 16 2004 // Texas Gov. Rick Perry has requested that the U.S. Department of Agriculture’s (USDA) Farm Service Agency provide disaster relief and assistance for Briscoe County that has suffered damage from excessive rain, hail,...
Iowa Big I to Host Midwest Agribusiness Conference
Jul 14 2004 // The Independent Insurance Agents of Iowa is holding a two-day training seminar focusing on farm and agribusiness insurance risks Oct. 19-20 in Des Moines. The seminar, dubbed “The First Midwest Agribusiness...
Pa. Ag Secretary Notes Crop Reporting Deadline
Jul 8 2004 // Pennsylvania Agriculture Secretary Dennis Wolff reminded Pennsylvania farmers to report their acreage for spring-planted crops enrolled in the 2004 Crop Insurance Program before the July 15 deadline. “The...
At NAMIC, The Door’s Wide Open to Companies of All Sizes
Jul 5 2004 // Chairman Tim Hegarty Explains How His Trade Group Serves Big and Small Alike What happens when you put giants like State Farm, AIG, Nationwide and Liberty Mutual in a room with tiny farm mutuals like Husbandsmans Mutual,...
