Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Cal/OSHA Cites Foster Farms, Staffing Agencies for COVID-19 Violations
May 24 2021 // Cal/OSHA has cited Foster Poultry Farms Inc. in Livingston, Calif., and four staffing agencies for not protecting workers from COVID-19. Cal/OSHA opened its inspection after receiving notification that an employee had died...
FBL Financial Shareholders OK Stock Purchase by Farm Bureau P&C Insurance
May 21 2021 // The shareholders of West Des Moines, Iowa-based FBL Financial Group Inc. have approved a previously announced purchase of its stock by Farm Bureau Property & Casualty Insurance Co. (FBPCIC), the company said. Under the...
Washington Creates New Farmworker Safety Team
May 21 2021 // The Washington state Department of Labor and Industries is creating a new team aimed at improving farmworker safety. When fully staffed, the agriculture compliance unit will create 16 new positions, the Yakima Herald...
Severe Water Crisis on Oregon-California Border to Impact Agriculture
May 19 2021 // The water crisis along the California-Oregon border went from dire to catastrophic this week as federal regulators shut off irrigation water to farmers from a critical reservoir and said they would not send extra water to...
Amwins Acquires Equine, Canine Specialist Broker Equisure
May 3 2021 // Specialty broker Amwins Group said it has agreed to acquire Equisure, Inc., a Colorado-based specialist in insurance programs for horse and dog owners, trainers and organizations. Equisure provides professional liability,...
Texas Supreme Court Sides with Farmers Insurance on Mold-Related Policy Changes
May 3 2021 // The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced...
EU Seeks Review of GMO Rules for Gene-Edited Crops
Apr 30 2021 // BRUSSELS — The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door to a possible loosening of restrictions for plants resulting from gene-editing...
Wisconsin Farm, Manure Spreader to Pay $242K for Pollution Violations
Apr 27 2021 // Wisconsin Attorney General Josh Kaul has reached a $242,000 settlement with a factory farm and a manure applicator to resolve pollution violations stemming from manure spills several years ago. Kaul announced the...
Kenya Startup Pula Offers Insurance to African Farmers Hit by Effects of Climate Change
Apr 20 2021 // KITUI, Kenya – When Kenyan farmer Waki Munyalo’s crop of lentils shrank by three quarters last year because of unusually low rainfall, disaster was averted thanks to a simple remedy that was previously unavailable...
Farmers Insurance to Pay $25M in Settlement Over Oklahoma Earthquake Claims
Apr 19 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Indiana Farmers Insurance Will Enter Ohio in 2021
Apr 9 2021 // Indiana Farmers Insurance plans to enter the Ohio property/casualty insurance market this year. The Carmel, Indiana-based company, which distributes its products through independent insurance agents, will write commercial...
California FAIR Plan Endorses Bill Expanding Coverage to Farms
Apr 8 2021 // The California FAIR Plan Association is publicly supporting a bill to amend the California Insurance Code to allow the FAIR Plan to write commercial coverage for permanent structures on farms. The California Fair Access to...
Farmers Completes Acquisition of MetLife Auto & Home Business for $3.9 Billion
Apr 8 2021 // Zurich Insurance and Farmers Exchanges have closed on buying MetLife’s U.S. property/casualty business for $3.94 billion. The business acquired includes 2.4 million MetLife Auto & Home policies, $3.6 billion of...
Oklahoma, Farmers Insurance Reach $25M Settlement Over Earthquake Claims
Apr 5 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Outlooks Revised to Stable for Farm Bureau of Idaho Group Members
Apr 5 2021 // AM Best has revised outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Farm Bureau Mutual Insurance Co. of Idaho and...
Arizona Farmers Should Expect Less Water in 2022
Apr 5 2021 // Arizona officials are putting farmers in south-central Arizona on notice that the continuing drought means a “substantial cut” in deliveries of Colorado River water is expected next year. A joint statement...
Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee
Mar 30 2021 // CHICAGO— A 45% rally in soybean prices in 11 months was not enough to convince South Dakota farmer DuWayne Bosse to give up any corn acreage on his farm this spring. “For our farm, we are looking at maxing out corn...
Farmers Insurance Now Offering Direct-to-Consumer Policies in Louisiana
Mar 23 2021 // Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize. The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a...
Ohio to Farmers: March 15 Is Insurance Deadline for Spring Crops
Mar 10 2021 // In a media release, Ohio Department of Insurance Director Judith L. French has reminded Ohio farmers that March 15 is the final date to purchase or modify federal crop insurance coverage on 2021 spring-planted...
Farmers Insurance Returning to Louisiana
Mar 10 2021 // Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported...
