Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
No. Idaho Grass Growers Agree to Settle Field-Burning Lawsuit
Jul 18 2005 // Insurance companies for northern Idaho grass farmers have agreed to settle a class-action lawsuit brought by area residents over pollution from growers’ annual field burning. The amount of the settlement hasn’t...
Carney Operators Conned: Ky. Warns of Bogus Llyod’s Policies
Jul 15 2005 // Carnival and circus owners and others involved in the amusement industry are being warned to verify the status of insurance coverage, according to the Kentucky Department of Agriculture and the Kentucky Office of...
Great American Names Standlee President of Equine Mortality Division
Jul 15 2005 // Cincinnati-based property/casualty insurer Great American Insurance Group announced that Kendel D. Standlee has been promoted to president of its equine mortality division. The division supports the largest equine...
Mother-Daughter Team Arrested for Calif. Workers’ Comp Scam
Jul 13 2005 // Two Kern County, California farm labor contractors surrendered to authorities July 12 after a two-year investigation found that they had allegedly under-reported their business’ payroll by $1 million. The...
Best Takes Various Actions on 52 Canadian P/C Insurers
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
Farmers, Allstate Take Top Honors at IMCA 2005 Showcase Awards; Insurance Journal Honored
Jul 6 2005 // Farmers Insurance Group received the top honor and Allstate Insurance Company received nine Best of Show awards at the Insurance Marketing Communications Association (IMCA) 2005 Showcase Awards, held during the IMCA annual...
Agents Oppose Crop Insurance Premium Reduction Plan
Jun 29 2005 // The Independent Insurance Agents & Brokers of America testified Tuesday before a Senate committee on the ongoing question of the Premium Reduction Plan (PRP), which potentially opens the door for unqualified and...
June Hailstorms Total $18 Million in N.D. Insured Damages
Jun 28 2005 // North Dakota Insurance Commissioner Jim Poolman reported that severe weather that ripped through the Dickinson area in Western North Dakota and the Langdon and Walhalla areas in Eastern North Dakota earlier this month has...
Hair Joins Utah’s Workers Compensation Fund
Jun 14 2005 // Dan Hair joined Workers Compensation Fund as senior vice president, safety and underwriting. Hair began his insurance career with the State Compensation Insurance Fund of California in 1976, and he recently ended a 25-year...
Okla. AG Sues Poultry Companies
Jun 14 2005 // Citing the protection of Oklahoma lakes and streams, drinking water and public health, Oklahoma Attorney General Drew Edmondson announced his office has filed a lawsuit against several out-of-state poultry companies for...
Zurich FSG Appoints Farmers Tutoki as Group Chief Claims Officer
Jun 8 2005 // Zurich Financial Services Group has announced the appointment of Jane Tutoki, 46, to the new position of Group Chief Claims Officer for the General Insurance business. She will be reporting directly to John Amore, CEO of...
INSURER GETS CLAIM FOR 20 HEIFERS:
Jun 6 2005 // Vermont State Police are investigating the theft of about 20 heifers from the Chaput Family Farm in North Troy between February and earlier this month. Farm owner Reg Chaput said he suspected theft in February, but...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
People
Jun 6 2005 // North Canton, Ohio-based insurer Hartville Group Inc. announced that the company’s board of directors have accepted the resignation of chief executive officer Russell Smith III. The board has also accepted the...
EU Trade Commissioner Urges More Action by WTO on Doha Round
Jun 1 2005 // Peter Mandelson, the European Union’s Trade Commissioner, has expressed his concern about the slow progress being made towards the liberalization of trade barriers. The “Doha Round” (named after the...
Rodney Pierson
May 23 2005 // Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...
Aon Secures First Agricultural Reinsurance Contract in China
May 20 2005 // Aon Re China Limited, a unit of Aon Corp., has secured 100 percent placement of the first agricultural reinsurance contract in China. The contract was awarded by the Shanghai Anxin Agricultural Insurance Co. Ltd. (AAIC),...
The Family That Farms Together, Sells Insurance Together
May 9 2005 // Suydam Agency Firmly Planted in Community It Serves They could sweep me out of my office and I know that the business would continue just fine. But what am I going to do if I’m not here? I’m not going to work...
Farmers Announces Another California Workers’ Comp Rate Reduction
Apr 26 2005 // The Farmers Insurance Group of Companies announced a 10 percent rate reduction in workers’ compensation rates for its California business customers. Since 2004, Farmers has slashed its workers’ compensation...
Lloyd’s Celebrates 20 Years of Support to Univ. of Ky. Veterinary Science Department
Apr 21 2005 // Lloyd’s of London is celebrating its 20th anniversary as a supporter of the University of Kentucky in Lexington. Since the mid-1980s, Lloyd’s of London underwriters, brokers and their Kentucky agents have given...
