Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Hopkins to Retire from Zurich Executive Posts; Farmers Chairman
Apr 21 2011 // The Zurich Financial Services Group announced that after a 33-year career with the company, Paul N. Hopkins will retire as a member of the Group Executive Committee, regional chairman of the Americas for Zurich, and...
Ohio Non-Insured Property Exclusion Case Sent Back to Lower Court
Apr 20 2011 // The Supreme Court of Ohio has ruled that a trial court must reconsider arguments in a lawsuit over an exclusion in a homeowners’ insurance policy that bars coverage for claims “arising out of” premises...
Aspen Risk Management Adds Flute as Sales Rep
Apr 20 2011 // Aspen Risk Management Group has added Al Flute as a sales and service representative in San Diego. Flute has a diverse safety and health background working for The Zenith and Nationwide. His responsibilities included...
South Central States Assess Damage from Recent Storms
Apr 18 2011 // Tornadoes, violent thunderstorms, high wind and hail struck large swaths of Arkansas, Louisiana, Oklahoma and Texas last week and now those states are beginning the process of assessing the damage. In Arkansas, storms...
Red River Floods Fields, but U.S. Farmers Ready
Apr 12 2011 // Record flooding in parts of the U.S. Red River Valley has slowed grain movement, but lake-like fields are nothing new to farmers who battle flooding on some scale each spring, industry officials said. The Red River, which...
Federal Budget Cuts Eliminate Crop Insurance Premium Refunds
Apr 12 2011 // The budget deal agreed to by President Barack Obama and Republican and Democratic leaders last Friday to avoid a government shutdown calls for $28 billion in spending cuts to the budget to fund the government until Sept....
Ascension Insurance Acquires California’s Walter L. Clark & Associates
Apr 8 2011 // Kansas City, Mo.-based Ascension Insurance Inc. announced it acquired Walter L. Clark & Associates Inc., headquartered in Fresno, Calif., effective March 31, 2011. Walter L. Clark & Associates offers commercial...
ICC Warns Doha Failure Would Have Dire Consequences for World Economy
Apr 7 2011 // The Paris-based International Chamber of Commerce (ICC) has issued a bulletin strongly supporting a call from the World Trade Organization (WTO) for a breakthrough in the Doha Round of talks in April, “if these...
Officials Look to Curb ‘Rebating’ in Sales of Federal Crop Insurance
Apr 1 2011 // Farmers and insurance agents who sell them federal crop insurance policies may soon be required to certify that they are not participating any rebating or incentive schemes related to the purchase of those policies. The...
Zenith Offers Agribusiness Insurance
Mar 30 2011 // In what appears to be its first foray into offering liability coverages, Zenith Insurance Co., a workers’ compensation insurance specialist, will be offering agribusiness insurance in California. Through its...
Good News for Midwest Farmers on Crop Insurance
Mar 28 2011 // There were some weary insurance agents in the region March 16. There were plenty of farmers with better-than-usual crop insurance coverage, too. March 15 was the deadline for purchasing or modifying crop insurance for...
Guy Carp to Develop Agriculture Microinsurance for Mozambique Farmers
Mar 23 2011 // International reinsurance broker Guy Carpenter & Co. announced that it will receive a $1.0 million grant from the International Finance Corporation (IFC), a member of the World Bank Group. The grant will be used to...
Ironshore Specialty Introduces Lead Umbrella Product for Agriculture Industry
Mar 23 2011 // Ironshore Inc. has introduced Ironshore AgriProtection, an agriculture industry lead umbrella policy launched in response to increased demand from a large, middle market commercial agribusiness entities. Ironshore...
Arkansas Economy Less Affected by Recession
Mar 21 2011 // Arkansas’ economy has been less affected by the national recession than most other states because of its concentration on agricultural industries, according to a report released March 18. The report, issued by the...
Food Bells? Ringing the Risks of Food Prices
Mar 21 2011 // Food prices continue to ride a rollercoaster. In the first quarter of 2011 the food price index of the United Nations’ Food and Agriculture Organization set new records in real and nominal terms. While food prices...
Russell Consulting Group Makes Two Appointments
Mar 9 2011 // Russell Consulting Group, a Midwest-based risk management and financial planning firm, and its majority owner Country Hedging Inc., commodity brokerage subsidiary of leading grains, energy and foods company CHS Inc., has...
UN’s FAO Notes Climate Change, Biofuels Threaten Food Security
Mar 7 2011 // Climate change bringing floods and drought, growing biofuel demand and national policies to protect domestic markets could boost global food prices and threaten long-term food security, the United Nations said. High and...
Midwest Prepares for Massive Spring Flooding
Mar 7 2011 // One of the snowiest winters on record for the Midwest and northern U.S. Plains have crop watchers worried about a repeat of the massive flooding that hit one of the world’s top grain producing regions in...
Climate Change to Drive up Food Prices
Mar 2 2011 // Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more frequent, a climate-change advisor to the Australian government said on Wednesday. Ross Garnaut...
Best Affirms Endurance Specialty and Subs ‘A’ Ratings
Feb 25 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed...
