Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Legislation Addressing Property Claims Litigation Likely to Crop Up in Texas
Feb 9 2015 // By the end of 2008, the Texas residual market for insuring seacoast properties for wind and hail figured it had enough resources available to pay claims for both Hurricane Ike and Hurricane Dolly that hit the Texas coast...
Aon Benfield/Impact Forecasting Jan. Cat Report Highlights Winter Storms
Feb 6 2015 // The latest edition of Impact Forecasting, Aon Benfield’s catastrophe model development team’s, Global Catastrophe Recap report, evaluates the impact of the natural disaster events that occurred worldwide during...
Report: Modest Economic Growth Expected in Midwest, Plains
Feb 3 2015 // Weakness in the agriculture and energy sectors will slow the economy in nine Midwestern and Plains states this spring, according to a monthly survey of business leaders released Feb. 2. The region’s overall economic...
Ratings of Texas-Based Producers Agriculture Insurance Cos. Upgraded
Feb 2 2015 // A.M. Best announced it has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the issuer credit ratings to “aa” from “a” of Producers Agriculture Insurance Co. (Pro Ag)...
Washington Farmworker Safety Training Classes at Capacity
Feb 2 2015 // Surrounded by brushes, respirators and yellow plastic coveralls, Flor Servin held up a white baby onesie and told a room full of farm workers, in Spanish, they must scrub chemical residue from their protective equipment...
Obama Budget: Taxes, Infrastructure, Cybersecurity, Crop Insurance, Wildfires
Feb 2 2015 // President Barack Obama on Monday proposed a $3.99 trillion budget for fiscal year 2016 that sets up a battle with Republicans over programs to boost the middle class that are funded by higher taxes on corporations and...
Democrats File Bill to Create U.S. Food Safety Agency
Jan 30 2015 // U.S. lawmakers proposed a bill this week that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other...
Campbell Named CIG’s Agency Development Manager for Northern California
Jan 21 2015 // Capital Insurance Group has named Dawnya Campbell agency development manager for the Western portion of the Bay Area Territory in the Northern California Region. The Northern California regional team serves independent...
Farmers Introduces Rideshare Coverage in Colorado
Jan 15 2015 // Farmers Insurance is introducing the company’s first rideshare coverage endorsement in Colorado. The product is designed to provide drivers with the insurance coverage specified in Colorado’s new ridesharing...
New U.S. Rules on Cuba Ease Travel, Trade, Insurance Restrictions
Jan 15 2015 // The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. Defying hardline critics in...
2014 was Record Year for Idaho Farmers, Ranchers: Report
Jan 12 2015 // A new University of Idaho report says 2014 was another record year for Idaho farmers and ranchers. Researchers say sales of milk, livestock and crops reached nearly $10 billion, the fourth year in a row that cash receipts...
Nebraska Court Agrees with Insurer on Denial of Dog Bite Coverage
Jan 12 2015 // A woman who had part of her lower lip bitten off by a dog she was watching for friends has no right to seek payment of medical expenses from the owners’ home insurance company, the Nebraska Supreme Court...
Farmers Files Suit Against Multiple N.Y. No-Fault Medical Providers
Jan 8 2015 // Los Angeles-based Farmers Insurance Group announced that Farmers Insurance Exchange, one of the insurers comprising Farmers Insurance Group, and affiliates have filed a lawsuit in the state Supreme Court of New York...
Falling Grain Prices, Record Cattle Prices Mark 2014 For Kansas
Dec 31 2014 // Farmers and ranchers across Kansas are wrapping up the 2014 growing season, marked by rapidly changing fortunes that were buffeted by weather and markets. It began with a meager winter wheat harvest before late spring...
Florida Equine Center Settles with Horse Feed Maker Over Poisonings
Dec 31 2014 // A Florida equestrian center where 22 horses were poisoned by tainted feed has reached a settlement with the company that produced and sold the feed. Two horses had to be euthanized last Friday, bringing the death toll at...
A.M. Best: Iowa’s Farmers Mutual Hail Insurance Under Review
Dec 23 2014 // A.M. Bestplaced under review with negative implications the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Farmers Mutual Hail Insurance Company of Iowa (FMH) of West Des...
Iowa’s Farmers Mutual Hail Insurance to Acquire John Deere Crop Insurance
Dec 18 2014 // Farmers Mutual Hail Insurance Co. of Iowa (FMH) announced it is acquiring Moline, Ill.-based John Deere Insurance Co. and John Deere Risk Protection Inc. The action is a result of Deere’s previously announced review...
North Dakotans Convicted in Crop Insurance Scam Told not to Contact Witnesses
Dec 16 2014 // A North Dakota judge has issued an order prohibiting two brothers convicted in a federal crop insurance case from contacting witnesses called by the government. A jury recently found Aaron and Derek Johnson guilty of...
Drought Costs Eastern Oregon Farm Tens of Millions of Dollars
Dec 15 2014 // Three straight years of dry conditions and below-average snowpacks have cost farmers in Eastern Oregon tens of millions of dollars. The irrigation supply for farmers in Malheur County who get their water from the Owyhee...
Farmers Insurance Set to Enter Connecticut in January
Dec 12 2014 // Farmers Insurance is set to begin providing insurance and financial services to Connecticut consumers Jan. 1, 2015, pending regulatory approvals, according to company executives who recently briefed local media...
