Latest Agribusiness Headlines

All the headlines from our Agribusiness Topic Page, ordered by recency.

Farmers Home Group Offers Identity Theft Protection Plan

May 16 2002 // Minnesota-based Farmers Home Group is partnering with PromiseMark, ™ Inc. of Fairfax, Va., to offer the comprehensive Identity Theft Protection Plan through the FHG Network at www.farmershome.com. Farmers Home said the...

Farm & Ranch Package

May 13 2002 // Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate...

Acceptance Insurance Suffered 1stQ Losses

May 8 2002 // Iowa-based Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., announced a net after-tax loss of $4.3 million, or $0.30 per...

INTEREST IN PASTURE COVER GROWS

Apr 29 2002 // Federal agriculture officials are looking at the possibility of a national insurance program to permit ranchers to insure both pasture and rangeland against losses resulting from drought and other disasters, according to...

FARMERS TO REFUND MILLIONS

Apr 29 2002 // Farmers Insurance Group and the Texas Department of Insurance (TDI) reached an agreement April 15 that stipulates the carrier will refund approximately $15 million to auto policyholders who paid the company too much in...

IIABA Talks Crop Insurance Issues With New RMA Administrator

Apr 22 2002 // The Independent Insurance Agents & Brokers of America’s (IIABA) Crop Insurance Task Force met last week with new Risk Management Agency (RMA) Administrator Ross J. Davidson Jr. to discuss concerns with...

Ranchers Hope Insurance Coverage Grows

Apr 18 2002 // Federal agriculture officials are looking at the possibility of a national insurance program to permit ranchers to insure both pasture and rangeland against losses resulting from drought and other disasters, according to...

Cattle Loom Large on the Farm & Ranch Scene

Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...

Cattle Loom Large on the Farm & Ranch Scene

Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...

Farm and Ranch Package

Apr 15 2002 // Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate policy....

Selma Resident Jailed, Must Pay $65,951 in Workers’ Comp Restitution

Mar 27 2002 // Ricky Lee George, 47, a resident of Selma, Calif., was sentenced to three years in state prison for his conviction of one count of workers’ compensation insurance fraud. The charges were the result of an...

Agribusiness Conference Set for March 21-22 in Sacramento

Mar 14 2002 // Debi Summerlin, AAIS vice president of insurance lines, will cover the aspects of this property program designed for more than 80 classes of agribusiness during the 15th Annual Agribusiness Conference March 21-22 in...

S&P Lowers Farmers Insurance Exchange

Mar 11 2002 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Farmers Insurance Exchange group to “A” from “AA-.” The outlook is stable. S&P also lowered its...

The View from Up There-Insurers Embrace Space Age Technologies

Feb 25 2002 // In the summer of 2001, a U.S. District judge in Arkansas ruled against several farmers accused of filing false crop insurance claims totaling approximately $244,000. Key evidence in the lawsuit—filed on behalf of the...

Farmers Asks Auto Shops to Donate to Calderon’s Campaign

Feb 22 2002 // Farmers Insurance has tapped automobile repair shop owners for contributions to Assemblyman Tom Calderon’s campaign for California Insurance Commissioner, according to the Associated Press. Farmers sent letters out a...

Farmers in Exclusive Program with NY Detective’s Ass’n.

Feb 19 2002 // The Farmers Insurance Group of Companies announced that it has developed an exclusive insurance program to be made available to members of the Detectives’ Endowment Association (DEA) of New York City. “This...

Building Profitability into the Commercial Auto Market

Feb 11 2002 // Like most property and casualty insurance lines, the commercial auto insurance market has witnessed rate increases over the past year and expects to see more. And, as in other lines, underwriters are scrutinizing accounts...

Converium to Underwrite Midwest Crop Coverage

Jan 31 2002 // Switzerland’s Converium Holding Ltd. announced that its U.S. subsidiary Converium Insurance (North America) Inc. (formerly ZC Insurance Company) has reached an agreement with Crop 1 Insurance of Des Moines, Iowa to...

Agribusiness Conference Offers Opportunities to Grow More Than Vegetables

Jan 21 2002 // When agents and brokers think about expanding their book of business, agribusiness risks might not be the first thing that comes to mind. But it should. Agribusiness is more than insuring farms and ranches — it...

Evolving HO Policies Prompt Montemayor to Issue Consumer Alert

Jan 14 2002 // Homeowners insurance policies in Texas are rapidly evolving. As a result, Texas Insurance Commissioner Jose Montemayor warned the state’s homeowners policyholders to carefully review their policy renewals to...