Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
NAMIC Comments on Interim Rules of Terrorism Risk Ins. Act
Apr 3 2003 // The National Association of Mutual Insurance Companies (NAMIC) submitted comments this week to the Department of Treasury on the first round of interim final regulations of the Terrorism Risk Insurance Act (TRIA). The...
Fireman’s Fund, Rural Community Ins. to Provide Crop Ins.
Mar 27 2003 // Fireman’s Fund Insurance Company (FFIC) and Rural Community Insurance Company (RCIC), a subsidiary of Wells Fargo & Company, have announced plans to form a business relationship to administer and reinsure crop...
AAIS Seeks Clarification from Treasury on Status of Rental Dwellings and Farms
Mar 4 2003 // The American Association of Insurance Services (AAIS) is asking the U.S. Department of the Treasury to clarify recently issued terrorism reinsurance regulations as they apply to certain rental dwellings and farm...
XL London Market Names SE Equine Global Practice Leader
Feb 27 2003 // XL London Market Ltd (XLLM), an XL Capital Ltd company announced that Julian Bowen-Rees was named global practice leader for XL’s equine business, including both the XLLM bloodstock and livestock operations and...
S&P Cuts Kentucky Farm Bureau Mutual Ratings
Feb 24 2003 // Standard & Poor’s Ratings Services said lowered its counterparty credit and financial strength ratings on Kentucky Farm Bureau Mutual Insurance Co. (Kentucky Farm Bureau) to “Api” from...
TRY AGRIBUSINESS FOR GROWTH
Feb 24 2003 // The 16th Annual Agribusiness Conference will be held March 20-21 in Sacramento, Calif. Agencies that specialize in writing farm and agribusiness risks are strongly encouraged to attend, as the conference is dedicated to...
16th Annual Agribusiness Conf. Set for March 20-21
Feb 21 2003 // The 16th Annual Agribusiness Conference will take place March 20-21 in Sacramento. The conference will focus on how to grow a book of business by covering agricultural risks. Dr. Emmett J. Vaughan, along with a panel of...
Rep. Pickering to Address Professional Agents in D.C. April 3
Feb 14 2003 // Rep. Charles “Chip” Pickering (R- Mississippi) will address members of the National Association of Professional Insurance Agents (PIA National) during the group’s annual Federal Legislative Summit April...
CDI Busts Up Fraudulent Auto Scheme
Feb 10 2003 // CDI Fraud Division Investigators arrested four individuals after executing search warrants at their homes and an auto body repair shop located in Oakland. California residents Art Mercado, 56, of Alameda, Scott Carey, 31,...
Farm Bureau Mutual, Western Ag. Lowered
Feb 10 2003 // S&P’s lowered its counterparty credit and financial strength ratings on Iowa-based Farm Bureau Mutual Insurance Co. (Farm Bureau) and Western Agricultural Insurance Co. (Western Agricultural) to...
Farm Bureau Mutual, Western Ag. Lowered
Feb 10 2003 // S&P’s lowered its counterparty credit and financial strength ratings on Iowa-based Farm Bureau Mutual Insurance Co. (Farm Bureau) and Western Agricultural Insurance Co. (Western Agricultural) to...
S&P’s Lowers Rtgs. on Farm Bureau Mutual Co., Western Agricultural
Jan 22 2003 // Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Iowa-based Farm Bureau Mutual Insurance Co. (Farm Bureau) and Western Agricultural Insurance Co. (Western Agricultural) to...
Iowa Commissioner to Deliver Keynote Address for AAIS Conf.
Jan 21 2003 // Iowa Commissioner Therese Vaughan, outgoing president of the National Association of Insurance Commissioners (NAIC), will deliver the keynote address at the 2003 American Association of Insurance Services (AAIS) Annual...
S&P Lowers Farmers & Mechanics Mutual Ratings to ‘Bpi’
Jan 16 2003 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on West Virginia-based Farmers & Mechanics Mutual Insurance Co. to ‘Bpi’...
Agribusiness with Equine Specialty
Jan 13 2003 // Nuts & Bolts: Allen Financial Insurance Group/the Equestrian Group has available a program for agribusiness with equine specialty. Endorsements—Farm and CGL. Dollars: Policy limits of $10,000,000. Deductibles of...
Officials Must Testify in Farmers Settlement Case
Jan 7 2003 // State District Judge Scott Jenkins placed Texas’ $100 million settlement with Farmers Insurance Group of Companies in limbo by ruling that top state officials and Farmers executives must testify in a policyholder...
ND Insurance Dept. Sets 2003 Crop Hail Coverage Filing Dates
Dec 31 2002 // The North Dakota Insurance Department has issued a bulletin informing all insurers “seeking to market policies for the coverage of crop hail insurance” in the state, that March 1, 2003 is the deadline for all...
Farmers Marks 44th Participation in Pasadena Parade with Special Float
Dec 30 2002 // Farmers Insurance Group, L.A.’s largest private employer, announced a dual celebration for this New year’s Day – its 75th Anniversary and its 44th consecutive year as a participant in the Pasadena...
NAII Files Brief in Michigan Coordination of Benefits Provision Case
Dec 24 2002 // The National Association of Independent Insurers announced that it has filed an amicus brief with the Michigan Supreme Court in the case of Sprague V. Farmers “to clarify the cost savings function of the...
TX Appeals Court Says Farmers Acted in Bad Faith but Slashes Award
Dec 20 2002 // The Third Court of Appeals in Austin, Texas found that Farmers Insurance Group had both acted in bad faith and violated the state’s deceptive trade practices law in the landmark case that originally saddled the...
