Latest Agribusiness Headlines

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

FARMERS ALLIANCE MUTUAL HALTS N.M. POLICIES

Aug 5 2002 // Property and casualty insurer Farmers Alliance Mutual Insurance Co. will accept no new customers in New Mexico and will not renew existing customers’ policies, impacting some 7,000 policyholders, according to the...

FARMERS ALLIANCE MUTUAL HALTS N.M. POLICIES

Aug 5 2002 // Property and casualty insurer Farmers Alliance Mutual Insurance Co. will accept no new customers in New Mexico and will not renew existing customers’ policies, impacting some 7,000 policyholders, according to the...

Acceptance Companies Rated

Aug 5 2002 // Fitch Ratings assigned a “B-” Long-Term issuer rating to Acceptance Insurance Companies Inc. (Acceptance) and a “CCC+” rating to Acceptance’s $94.875 million 9.00 percent Trust Preferred...

Acceptance Companies Assigned

Aug 5 2002 // Fitch Ratings assigned a “B-” Long-Term issuer rating to Acceptance Insurance Companies Inc. (Acceptance) and a “CCC+” rating to Acceptance’s $94.875 million 9.00 percent Trust Preferred...

Farmers Alliance Mutual Co. Puts Brakes on N.M. Business

Jul 22 2002 // Property and Casualty insurer Farmers Alliance Mutual Insurance Co. will accept no new customers in New Mexico and will not renew existing customers’ policies, impacting some 7,000 policyholders, according to the...

TDI Investigating Farmers’ New Homeowners Restrictions

Jul 22 2002 // Texas Insurance Commissioner Jose Montemayor has initiated an investigation of Farmers Insurance Co. to determine whether new homeowners restrictions it put in place violate fair trade practices. The Austin...

Acceptance Companies Rated by Fitch

Jul 22 2002 // Fitch Ratings assigned a “B-” Long-Term issuer rating to Acceptance Insurance Companies Inc. (Acceptance) and a “CCC+” rating to Acceptance’s $94.875 million 9.00 percent Trust Preferred...

Farmers Exchange Sues Calif. Body Shop

Jul 17 2002 // Farmers Insurance Exchange and Truck Insurance Exchange began serving summons and complaints July 16 upon a Contra Costa County, Calif. body shop and its owners, accusing them of taking part in a large scale scheme...

Farmers Unveils Y.E.S. Discount in Texas

Jul 15 2002 // The Farmers Insurance Group of Companies has made available the “You’re Essential to Safety” (Y.E.S.) Program in Texas. The Y.E.S. program was developed to educate young drivers and their parents or...

Farm Bureau Mutual to Merge with Kan., Neb. Farm Bureau Affiliated P&C Insurers

Jul 9 2002 // Farm Bureau Mutual Insurance Company announced that the Farm Bureau property-casualty affiliates in Kansas (Farm Bureau Mutual Insurance Company, Inc.) and Nebraska (Farm Bureau Insurance Company of Nebraska) will merge...

Coverage Difficult to Find for Farm Supply Operations

Jun 26 2002 // Farm supply cooperatives and grain elevators in the Midwest are in a difficult situation regarding insurance, according to an Associated Press report, as those operations face skyrocketing premiums even if they are able to...

Farmers Offers Auto Policy Discount in Virginia

Jun 18 2002 // Farmers Insurance Group announced that it will offer special discounts on its auto insurance rates to Virginians who also have a Farmers New World Life Insurance Company policy. “The discount is part of an effort by...

Ind. Farm Bureau Insurance Cos. Acquires Agway Insurance Co.

Jun 17 2002 // Indiana Farm Bureau Insurance Companies has reached a definitive agreement with Agway Inc. to acquire 100 percent of the stock of New York-based Agway Insurance Company, in a deal valued at $21 million. The transaction is...

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...