Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Grain Facility Closures Bring 1st Claims in Years to Illinois Insurance Fund
Jan 16 2017 // Two grain storage facilities in Illinois have shut down in less than three months, and a state insurance fund has seen its first claims in years. Illinois Department of Agriculture spokeswoman Rebecca Clark said the...
Floods, Other Major Climate Events Cost U.S. $46 Billion, 138 Lives in 2016
Jan 10 2017 // During 2016, the United States experienced 15 weather and climate disasters with insured and uninsured losses exceeding $1 billion each across the United States. Overall, these events resulted in the deaths of 138 people...
Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades
Jan 9 2017 // North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance...
Markel International Names Brown & Larson to Equine & Livestock Team
Dec 29 2016 // Markel International, the London-based specialist insurer, has appointed Lynette Brown as underwriter in its livestock team and Emilie Larson as underwriting assistant for the equine team. Brown has over 10 years’...
Celebrity Chefs Flunk Food Safety Test
Dec 28 2016 // Celebrity chefs are cooking up poor food safety habits, according to a Kansas State University study. Kansas State University food safety experts Edgar Chambers IV and Curtis Maughan, along with Tennessee State...
Judge Upholds Ban on Guns in Delaware State Parks, Forests
Dec 28 2016 // A Delaware judge has sided with state environmental officials in a lawsuit challenging a ban on non-hunting firearms in state parks and forests. Members of the Bridgeville Rifle & Pistol Club and the Delaware State...
New Mexico Farming Firm Expected to Lose $4M over Breach
Dec 27 2016 // A breach earlier this year in the water delivery system that serves Navajo Agricultural Products Industry is expected to end up costing the tribal business in New Mexico more than $4 million in lost revenue. The Daily...
Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades
Dec 22 2016 // North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance...
Emerging Risks/Markets Offer New Opportunities: 2017 Predictions, Part 3
Dec 21 2016 // Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market knowledge and...
Nodak Mutual Seeking to Convert to a Stock Company
Dec 19 2016 // A North Dakota mutual insurer with ties to the Farm Bureau is awaiting a decision from the state insurance commissioner as to whether it can proceed with a plan to convert to a stock insurance company. Nodak Mutual...
Supporting the Troops: Industry Gives Back to Those Who Served
Dec 19 2016 // Many property/casualty insurance carriers have focused their charitable efforts on veterans, and they’ve done so for a number of good reasons. One important reason for adopting veterans causes was explained by Glenn...
Missouri’s Grundy County Farmers Mutual, CFM Insurance to Merge
Dec 15 2016 // The boards of Missouri-based mutual insurance companies, CFM Insurance Inc. and Farmers Mutual Insurance Company of Grundy County, have approved a plan to merge the two companies. Pending formal approval by Missouri...
North Dakota’s Nodak Mutual Seeking to Convert to a Stock Company
Dec 12 2016 // A North Dakota mutual insurer with ties to the Farm Bureau is awaiting a decision from the state insurance commissioner as to whether it can proceed with a plan to convert to a stock insurance company. Nodak Mutual...
Monitor: Almost All of Arkansas in Some Form of Drought
Dec 5 2016 // More than 86 percent of Arkansas is in some form of drought ahead of a warm, dry winter forecast, meaning there’s little chance of immediate relief. Because of the drought, ranchers are turning to alternate sources...
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
County Farmers in South Carolina Uncertain of Future After Devastating Disasters
Dec 5 2016 // The Double R Farm in South Carolina has produced abundant crops for four generations of Rabon family farmers here, and despite the double whammy of record rains during the October harvest last year and last month’s...
Drought in 6 Louisiana Parishes Leads to Disaster Declarations
Dec 2 2016 // Six Louisiana parishes have been designated as primary natural disaster areas due to damages and losses caused by recent drought. The U.S. Department of Agriculture gave the designation to Caldwell, Catahoula, Franklin,...
Officials: Wisconsin Calves Linked to Drug-Resistant Salmonella
Dec 1 2016 // A multistate outbreak of salmonella bacteria that is resistant to several drugs has been linked to infected dairy bull calves purchased in Wisconsin, according to federal and state health officials. According to the...
H.W. Kaufman/Burns & Wilcox Promotes Paulin, Bates, Manuelidis, Shipley, 14 Others
Dec 1 2016 // Michael S. Paulin has been named chief information offer and vice president of H.W. Kaufman Financial Group and Burns & Wilcox. Paulin joined Michigan-based Kaufman in 2014. He Joined Burns & Wilcox from...
Dairyland and Direct Writer Elephant Auto to Provide Motorcycle & ATV Coverage
Dec 1 2016 // Elephant, a direct-to-consumer car insurance company, has partnered with Dairyland, a provider of specialty insurance, to offer coverage for motorcycles, ATVs and similar vehicles. The new partnership with Dairyland, which...
