Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Lawn Equipment, Farm Implements Targeted by Thieves in Michigan
Jun 30 2016 // Authorities say commercial lawn equipment, farm implements and construction equipment are being targeted by thieves in Michigan. State police Detective Sgt. Todd Petersen tells the Kalamazoo Gazette that dealerships, with...
Allianz Names Walter West Zone Farm And Ranch Team Lead
Jun 24 2016 // Allianz Global Corporate & Specialty has named Karen Walter team lead for the West zone farm and ranch division. Walter will report through to both Craig Cendak, West zone mid corporation leader, and Atul Kulkarni,...
Despite Record Rainfall Last Fall, Drought Creeps Into Parts of South Carolina
Jun 24 2016 // People might not know it from the lush fields and full lakes in most of South Carolina, but drought is creeping into the northwest corner of the state. A June heat wave combined with weeks of dry weather has a moderate...
New U.S. Rules Seen ‘Major Step’ for Drone Industry; Rules on Deliveries Still to Come
Jun 22 2016 // The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial...
Integro Acquires Equine Broker Jerry Parks Insurance Group in Florida
Jun 22 2016 // International broker and risk management firm Integro Insurance Brokers has added to its livestock coverage capabilities with the acquisition of Ocala, Florida-based corporations Jerry Parks Equine Insurance, Inc. and...
QBE North America Names Nationwide’s Bleich as VP for Agriculture Underwriting
Jun 21 2016 // QBE North America said that Nathan Bleich has joined the organization as vice president, Commercial Agriculture underwriting. Bleich joins QBE from Nationwide where he spent the past 12 years working in the agribusiness...
North Dakota Fines Crop Insurance Agency, Orders Credits, Restitution
Jun 20 2016 // North Dakota Insurance Commissioner Adam Hamm has fined an insurance firm that sold crop insurance in that state and ordered restitution to farmers. The North Dakota Insurance Department announced the multi-layered...
Specialized Environmental Coverage Tools a Must for Today’s Farm Operations
Jun 20 2016 // Recent court and regulatory actions across the country with regard to environmental pollution exclusions in insurance policies have shown the need among farm owners and other agricultural risks for true environmental...
Farmers Insurance Expands Rideshare Insurance Coverage to 3 States
Jun 14 2016 // Farmers Insurance has expanded its Rideshare Insurance Coverage to drivers in Idaho, Maryland, and North Dakota. Farmers worked with representatives of the states’ insurance departments, legislators and leaders of...
Outlook for Farmers Alliance Mutual Insurance Revised to Negative
Jun 14 2016 // A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of C++ (Marginal) and the issuer credit rating of “b” of Farmers Alliance Mutual Insurance Co. (Farmers...
North Dakota Fines Crop Insurance Agency, Orders Credits to Farmers
Jun 13 2016 // North Dakota Insurance Commissioner Adam Hamm has fined an insurance firm that sold crop insurance in that state and ordered restitution to farmers. The North Dakota Insurance Department announced the multi-layered...
Ohio’s Farmers National Bank Acquires Bowers Insurance
Jun 6 2016 // The Farmers National Bank of Canfield (Farmers), based in Canfield, Ohio, has acquired the Bowers Insurance Agency Inc. (Bowers Group). The transaction closed on June 1, 2016 and is expected to be accretive to earnings...
Today’s Farms Need Specialized Environmental Coverage
Jun 6 2016 // Recent court and regulatory actions across the country with regard to environmental pollution exclusions in insurance policies have shown the need among farm owners and other agricultural risks for true environmental...
South Carolina Commissioner Farmer: Lessons from Historic Floods
Jun 6 2016 // South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina...
South Carolina Lawmakers Override Haley’s $40M Farm Aid Veto
Jun 6 2016 // South Carolina lawmakers in both the House and Senate voted to override Gov. Nikki Haley’s veto of a bill offering $40 million in state aid to farmers who lost their crops in last year’s massive floods. The...
Sompo Launches Model to Evaluate Wind Farm Risks
May 31 2016 // The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which provides key pricing and cat modeling data for insuring the construction and operation of wind...
South Carolina Insurance Head Talks Lessons Learned After Historic Flood
May 31 2016 // This aerial photo show flooding around homes in the Carolina Forest community in Horry County, between Conway and Myrtle Beach, S.C. The state was pummeled in early October by a historic rainstorm that caused widespread...
Chubb Agribusiness Adds Product Withdrawal Coverage
May 24 2016 // Chubb Agribusiness has added product withdrawal coverage to its package policy for businesses that grow, manufacture, and distribute consumable products. The new coverage insures the expenses as a result of a withdrawal...
South Carolina Evaluating Policy Discounts for Homeowners
May 23 2016 // The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform its coastal homeowners of the discounts...
Drones: An Emerging Market Quickly Taking Flight
May 23 2016 // So what is all the buzz about? Lately it is about unmanned aerial vehicles (UAV) or drones, which are emerging as a valuable component in a vast array of American businesses and markets. While UAVs are generally associated...
