Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Two New Mexico Counties Get Disaster Aid
Dec 10 2009 // The U.S. Department of Agriculture in Washington has designated Grant and Luna counties in New Mexico as primary natural disaster areas due to losses caused by drought and high winds that occurred since Jan. 1. Agriculture...
Oregon Fines Farmers Over Re-Rating
Dec 9 2009 // Oregon’s Department of Consumer and Business Services recently fined Farmers Insurance Company of Oregon $10,000 for improperly using consumers insurance scores in calculating renewal rates on thousands of auto and...
AIG Hawaii Becomes Farmers Insurance
Dec 6 2009 // AIG Hawaii Insurance Co. Inc. is changing its name to Farmers Insurance Hawaii, Inc., heralding in a new chapter in the company’s nearly 55-year history, and reflecting its new ownership under national insurer...
People
Dec 6 2009 // Des Moines, Iowa-based Principal Financial Group announced that John Aschenbrenner, president of its insurance and financial services division, will retire at the end of 2009 after more than 37 years with the...
Oregon Proposes Rules for Producers, Crop Insurance Claims Adjusters
Dec 3 2009 // The Oregon Insurance Division has proposed new insurance licensing rules to, among other things, charge agencies a fee for the cost of criminal records checks, as wells as to establishe new requirements for crop insurance...
AIG Hawaii Becomes Farmers Insurance
Nov 24 2009 // AIG Hawaii Insurance Company, Inc. has announced that it is changing its name to Farmers Insurance Hawaii, Inc. – heralding in a new chapter in the company’s nearly 55-year history – and reflecting its...
XL Acquires Unicorn Underwriting to Strengthen Equine Capabilities
Nov 19 2009 // XL Insurance, the global insurance operations of XL Capital, announced “the strengthening of its equine capabilities” with the acquisition of an underwriting and claims team from London-based Unicorn...
Extensions Available for Crop Insurance Deadlines in South Dakota
Nov 16 2009 // The South Dakota Agriculture Department says wet conditions have delayed what looks like a near-record harvest for many South Dakota farmers and raised concerns about a Dec. 10 harvest deadline for crop insurance. In a...
More Heavy Metal Hits
Nov 15 2009 // Heavy Equipment Theft Now Estimated To Be A Sophisticated $600 Million Business On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down...
International Excess Opens Agriculture Business Division
Nov 12 2009 // International Excess, headquartered in Cleveland, Ohio, has launched a new division dedicated to crop, farm and livestock insurance. Chuck Gabel, divisional vice president of International Excess Agribusiness, has...
Oklahoma Lawmakers Eye Business Tax Breaks Amid Budget Shortfall
Nov 10 2009 // Oklahoma gives away billions of dollars in tax revenue through hundreds of exemptions, credits and deductions that some lawmakers say the state may no longer be able to afford as it slips deeper into a revenue...
2010 Agricultural Payroll Amount for Texas Workers’ Comp Set at $49K
Nov 4 2009 // The Texas Department of Insurance Division of Workers’ Compensation has set the adjusted annual payroll requirement for the coverage of seasonal workers at $49,127. The TDI-DWI said the established gross payroll...
Midwest Wheat Farmers Reap Preventive Planting Insurance Money
Oct 29 2009 // U.S. farmers struggling to seed their wheat crop will likely reap an insurance check rather than sow in less-than-ideal conditions, analysts and agronomists said. Farmers with prevented planting insurance can receive up to...
Carroll, Jarratt and Lee Added to PCI’s Board of Governors
Oct 29 2009 // Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America’s (PCI) Board of Governors. Carroll, serves as executive vice...
Lloyd’s Notes Success of Regional Catastrophe Pools, CCRIF
Oct 26 2009 // An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural...
Wyoming Farmers File Crop Claims
Oct 22 2009 // Farmers in northern Wyoming are beginning to file crop insurance claims for losses they suffered when sugar beets and other crops froze earlier this month. Larry French of Farm Bureau Financial Services and Insurance in...
Brazil Plans Doha Trade Meeting in late November
Oct 20 2009 // Brazil plans to organize a meeting of trade ministers in late November to discuss progress in the World Trade Organization’s long-running Doha round, a senior Brazilian official said Monday. The meeting would be an...
US Needs ‘Better Offers’ on Services from Doha Round Says Trade Rep
Oct 13 2009 // The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday. “We know...
S&P Takes Rating Actions on Endurance Specialty and Subsidiaries
Oct 13 2009 // Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and...
Pennsylvania Farmers Reminded of Sept. 30 Crop Insurance Deadline
Sep 29 2009 // Pennsylvania farmers can protect their income against unexpected losses by purchasing crop insurance before Sept. 30, said acting Agriculture Secretary Russell Redding. The Crop Revenue Coverage (CRC) base fall price for...
