Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Partner Re Celebrates Its First 25 Years– When Everything and Nothing Has Changed
Sep 17 2018 // During PartnerRe’s first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved–or diversified–over the...
Florence Floods Cause Sewage, Coal Ash Spills
Sep 16 2018 // A Duke Energy Corp. landfill near Wilmington, North Carolina, failed under the assault of Tropical Storm Florence, spilling about 2,000 cubic yards of coal ash that can carry toxic mercury, arsenic and lead. Authorities...
Update: Category 1 Hurricane Florence Lands in Carolinas, Threatening Floods, Tornadoes, Power Outages
Sep 14 2018 // Hurricane Florence hit North Carolina, leaving more than half a million people without power and facing at least another day of heavy rain and wind. Florence made landfall near Wrightsville Beach Friday as a Category 1...
Looming Florence Heaps Despair on Rural U.S. Towns Ravaged by Matthew
Sep 13 2018 // When Hurricane Matthew submerged the small town of Fair Bluff, North Carolina, two years ago, Eve Waddell thought she had witnessed a once-in-a-lifetime disaster. “You’ll never see that again,” she...
North Carolina Tobacco Crop at Risk from Hurricane Florence
Sep 13 2018 // Tobacco crops in North Carolina, the top U.S. producer, are right in the projected path for Hurricane Florence, which threatens to cause plants to rot, whether they’re still in the fields or have already been...
North, South Carolina Insurance Chiefs Ready for Hurricane Florence
Sep 13 2018 // Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on...
Kentucky, West Virginia Offer Discounted Lodging Rates for Florence Evacuees
Sep 12 2018 // Kentucky and West Virginia are offering discounted rates on lodging at their state parks for people seeking shelter from Hurricane Florence. The Kentucky Tourism, Arts and Heritage Cabinet said the discounted nightly rate...
Insurers Forecasting Significant Claims from Businesses from Hurricane Florence
Sep 12 2018 // Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more...
Farmers in Hurricane Florence’s Path Race to Cushion the Blow
Sep 11 2018 // North Carolina corn farmer Darren Armstrong is racing to harvest as much as he can before potentially the worst storm in 64 years hits the state. It’s already one of the busiest times of the year for U.S. growers as...
Hurricane Florence Risks to North Carolina Include Toxic Sludge, Lagoons of Pig Manure
Sep 11 2018 // Hurricane Florence’s potential for destruction also includes increased risks for the environment and public health as torrential rains could overwhelm the pits where toxic waste from power plants is stored....
Update: Hurricane Florence Poses Threat to Carolinas, Virginia Later This Week
Sep 9 2018 // Updated Monday, Sept 10, 8:17 am —Top winds for Hurricane Florence grew to 105 miles (169 kilometers) per hour as it pushed westward toward the U.S. East Coast, a major threat to homes, agriculture and the waning tourist...
Kluting Named Head of Product Recall in Gallagher’s Food, Agribusiness Unit
Sep 7 2018 // Insurance and risk management services firm, Gallagher, has promoted Steve Kluting to national director of product recall in its Food & Agribusiness Practice Group As a “food lawyer” with 18 years of...
A Year Later, Texas Regulators Taking Action Against Harvey Polluters
Sep 4 2018 // More than a year after Hurricane Harvey slammed into the Texas coast, state environmental authorities have only just begun enforcement actions against a handful of companies deemed responsible for some of the most massive...
Foremost Auto Insurance Business Being Rebranded to Bristol West
Aug 31 2018 // Foremost Insurance Group, a member of the Farmers Insurance Group, said the Foremost automobile insurance book of business will be rebranded as Bristol West. The company said this rebranding will be phased in over the next...
Court Asked to Force EPA Reversal of Monsanto Weedkiller Approval
Aug 31 2018 // Environmental groups argued in federal appeals court on Wednesday the U.S. Environmental Protection Agency failed to analyze the risks Bayer AG Monsanto’s dicamba-based weed killer posed to nearby crops before...
Farm Bureau Insurance of Michigan Names Taylor Marketing VP
Aug 30 2018 // Farm Bureau Insurance of Michigan has appointed Matt Taylor as its vice president of Marketing, effective Sept.7, 2018. Taylor began his insurance career serving in many positions at State Farm Insurance, including as an...
Credit Ratings Assigned to New Horizons Insurance Co. of Missouri
Aug 29 2018 // A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to New Horizons Insurance Company of Missouri (New Horizons). The outlook...
New Crop Insurance Program May Benefit Wisconsin Dairy Farmers
Aug 27 2018 // A new federal crop insurance program may help Wisconsin dairy farmers protect against low milk prices. The American Farm Bureau Federation and its insurance company recently announced the Dairy Revenue Protection program,...
Outlooks Upgraded to Stable for Michigan’s Farmers Mutual Insurance
Aug 22 2018 // A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b” of Farmers Mutual Insurance Company of...
Farmers in California Names Wilson Chief Information Officer
Aug 21 2018 // Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and...
