Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
American National to Acquire Farm Family
Apr 6 2001 // American National Insurance Co. has received a nod from the New York State Insurance Department to acquire Farm Family Holdings. With this approval, the companies have received all of the approvals they need to complete...
FARMERS CLOSES SOME DOORS
Mar 26 2001 // In a decision that will affect roughly 130 employees, Farmers Insurance Group is closing its Southern California service center in Carlsbad. The process of closing the office officially began March 15. Along with the...
Farmers, Ulico Enter Exclusive Agreement
Mar 22 2001 // Farmers Insurance Group has signed an exclusive agreement to offer its products and services to labor union members through local and national union leadership affiliated with Ulico Insurance Group. “We are honored...
Zurich Financial’s Farmers Forms Alliance With Bank of America
Mar 20 2001 // Zurich Financial Services, the Swiss-based Group that owns Farmers Insurance, announced that it had concluded a strategic alliance with Bank of America “to develop and market integrated banking and insurance...
Farmers Closes Doors In Southern California
Mar 16 2001 // In a decision that will affect roughly 130 employees, Farmers Insurance Group is closing its Southern California service center in Carlsbad. The process of closing the office officially began yesterday. Along with the...
Crop Insurance: A State of the Industry Report
Feb 5 2001 // Last year was an eventful one for the crop insurance industry with a new farm package including modifications such as an $8 billion subsidy package and a $7.1 billion bailout for farmers hurt by depressed crop prices. It...
Gentlemen & Farmers
Feb 5 2001 // In fact, that’s much of the problem with many a bankrupt rancher, he’s got beef! If he sells it, he loses money and if he keeps it, he loses money. It’s the reality of hard economic times in agriculture...
Evolving Weather Risk Market Attracts Growing Number of Participants
Feb 5 2001 // Since its emergence just three years ago, the market for weather risks has become a significant new development on the radar screen of the reinsurance industry. “Weather is essentially a new class of risk that is now...
Managing The Risk From Climate Change
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
Impasse In Geneva Between China/WTO
Jan 19 2001 // Talks between Chinese and World Trade Organization negotiators in Geneva appear to have stalled due to the inability to reach agreement on whether China will be accorded “developing nation” status for its...
Workplace Injuries in California at Lowest Rate Since 1971
Jan 18 2001 // Job-related nonfatal injury/illness rates in 1999 continued to decrease, reaching a record low of 6.3 workers injured out of every 100, according to the California Department of Industrial Relations’ Division of...
Two Plead Guilty To Defrauding Metlife Subsidiary
Jan 9 2001 // Two former Metlife subsidiary executives have confessed to swindling the company of $2.4 million. Howard Dale Kartchner, 55, and Jeffrey K. McLean, 49, pleaded guilty Thursday in U.S. District Court in Spokane, Wash. to...
Crop Insurer Reaches $10 Million Agreement
Dec 29 2000 // Rain and Hail Insurance Service, a West Des Moines, Iowa-based insurance company, has reached an agreement to pay $10 million to the federal government to settle claims that the company misrepresented the condition of...
Angels of the Industry Argonaut, Alaskas National
Dec 11 2000 // Far from being uncaring, the insurance industry contributes millions of dollars every year to charitable causes. Following are just a few of the ‘angels’ of our industry-those who took the time and energy to...
Farmed Out for Fraud
Nov 27 2000 // On Nov. 1, a Tehama County Superior Court Judge sentenced former Red Bluff insurance agent David Michael Chene to nine years in state prison. Chene was also ordered to pay $273,000 in restitution plus 10 percent interest...
Farm Family Cos. Under Review
Nov 27 2000 // The “A” ratings of Farm Family Life Insurance Co., Farm Family Casualty Insurance Co. and United Farm Family Insurance Co. were placed under review with developing implications by A.M. Best. The rating actions...
PRODUCERS LLOYDS GOES ONLINE
Nov 20 2000 // Amarillo, Tex.-based Producers Lloyds Insurance Co., one of the country’s largest crop insurance companies, has begun offering farmers their crop insurance policy information over the Internet. Producers Lloyds was...
MOLD in Buildings
Nov 20 2000 // Creates New Frontier in Construction Defect Litigation, Definition of Pollution At the center of what could become one of the fastest growing areas of both construction defect litigation and toxic tort litigation is an...
Evolving Weather Risk Market AttractsGrowing Number of Participants
Nov 13 2000 // Since its emergence just three years ago, the market for weather risks has become a significant new development on the radar screen of the reinsurance industry. “Weather is essentially a new class of risk that is now...
Corraling The Horse Market
Oct 23 2000 // With only 17 percent of the nation’s 6 million horses insured, the equine market is ripe for picking In today’s steady economy, equine insurance could be one of the best markets you’ve never thought about...
