Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farmers CEO Remembers Joplin Tornado at California Gala
Apr 4 2016 // Jeff Dailey, CEO of Farmers Insurance, turned what could have been a mere acceptance speech into a lesson-filled personal account of his first time seeing the devastation wreaked by the May 2011 tornado in Joplin,...
Zurich Completes Acquisition of RCIS Crop Insurance Business from Wells Fargo
Apr 1 2016 // Zurich American Insurance Co. said it has completed its acquisition of Rural Community Insurance Agency (RCIA) and its subsidiary Rural Community Insurance Co. (RCIC) from Wells Fargo Insurance for $700 million. The two...
40-Plus Structures Burned in Kansas, Oklahoma Wildfire
Mar 31 2016 // Officials say a wildfire that burned hundreds of square miles of rural land in Oklahoma and Kansas this week destroyed at least 41 structures in both states. Oklahoma Forestry Services spokeswoman Hannah Anderson says...
The Future of Commercial Drone Use
Mar 29 2016 // There could be 7 million small drones in the sky by 2020, according to U.S. aviation officials, who believe that as many as 2.7 million of them will be used for commercial purposes. These same officials predict that small...
FarmAssure Adds New Carrier
Mar 25 2016 // Edmond, OK, March 25, 2016- FarmAssure has announced that effective April 1, 2016, FarmAssure will continue writing all new and renewal Oklahoma property policies with a new carrier partner, Spinnaker Insurance Company....
North Carolina-Based Duke Energy to Turn Pig Poop Into Power
Mar 25 2016 // Duke Energy Corp. announced plans to expand its renewable energy from livestock waste, adding poop power to investments the country’s largest electric company has made in whirring wind turbines and acres of solar...
Farmers CEO Remembers Joplin Tornado at California Gala
Mar 21 2016 // Jeff Dailey, CEO of Farmers Insurance, turned what could have been a mere acceptance speech into a lesson-filled personal account of his first time seeing the devastation wreaked by the May 2011 tornado in Joplin,...
Iowa Egg Farm Wastewater Spill Case Sent to Attorney General
Mar 21 2016 // One of the nation’s largest egg farms, which lost millions of hens in last year’s bird flu outbreak, is defending itself against legal action by the state over a wastewater spill that fouled 18 miles of stream...
Main Street America Finished 2015 Strong
Mar 16 2016 // Super regional property/casualty insurer The Main Street America Group reported record net income of $91.4 million and a combined ratio of 99.8 for the 2015 calendar year. The Florida-based independent agency...
Farmers Being Recognized by IICF for Helping Disaster Stricken Communities
Mar 15 2016 // Farmers Insurance will be presented with the Insurance Industry Charitable Foundation’s Golden Horizon Award at the organization’s annual Horizon Award Gala on March 16 at the Alexandria Hotel in downtown Los...
Road Rules Would Ease for Farm Equipment Under Nebraska Bill
Mar 11 2016 // Tractors, combines and fertilizer spreaders would have a little more freedom on Nebraska’s roadways under a bill that has won first-round approval from lawmakers. Senators advanced a bill, 39-0, that would relax...
Washington Suit Filed over E. Coli Outbreak Linked to Dairy Festival
Mar 11 2016 // A school district is among the targets of a lawsuit over an E. coli outbreak linked to sickened kids who attended a dairy festival field trip in Washington. The Seattle Times reported families of six kids sickened after...
Small-Business Owners Ask New York to Reject $15 Minimum Wage Plan
Mar 10 2016 // Small-business owners struck back against New York Gov. Andrew Cuomo’s plan to implement a $15 minimum wage Tuesday, saying the Democratic governor’s call to enact what would be the highest state minimum in the...
Perdue Foods Issues Recall of Georgia-Made Chicken Nuggets
Mar 10 2016 // Georgia says the Gainesville, Ga.-based Perdue Foods is recalling about 4,530 pounds of chicken nuggets. A statement from the state agriculture department says the nuggets were made in Georgia and are being recalled...
Oklahoma Farm Bureau Mutual Insurance Co., Subsidiary Upgraded
Mar 8 2016 // A.M. Besthas upgraded the financial strength rating to B (Fair) from B- (Fair) and the issuer credit rating to “bb+” from “bb-” for the members of the Oklahoma Farm Bureau Group:Oklahoma Farm Bureau...
Farm Losses From Virginia Tornadoes Climbing
Mar 7 2016 // Farm losses from a series of tornadoes that battered Virginia last month stand at $1.6 million and counting. The Virginia Farm Bureau Mutual Insurance Co. says it has received 126 claims since the twisters swirled from...
USDA Expands Crop Insurance Options for Organic Farmers
Mar 7 2016 // In mid-February, federal agriculture officials announced an expansion of crop insurance options to better serve farmers transitioning to certified organic production. Agriculture Secretary Tom Vilsack said the expanded...
5 Tips for Agents Serving the Agricultural Community
Mar 7 2016 // Due to the complexity and variety of businesses that comprise the agriculture industry in the United States, the knowledge and experience needed by insurance agents serving agribusiness and farm risks extends well beyond...
Declarations
Mar 7 2016 // Crop Protection “A key to encouraging growers to plant these crops is to ensure that they can manage their risk with appropriate crop protection programs.” —U.S. Sen. Kirsten Gillibrand (D-N.Y.) in her Feb....
Maryland Farmers Encouraged to Consider Crop Insurance
Mar 3 2016 // Maryland Secretary of Agriculture Joe Bartenfelder issued a reminder for local farmers that the sales closing date to purchase crop insurance for spring seeded crops and to make changes to policies is March 15. Spring...
