agricultural insurance News

Central European Foot-and-Mouth Disease Leads to Animal Culls and Border Closures

Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that has caused widespread border closures and required the killing of thousands of animals. The outbreak was first detected on a …

Australia Outback Lashed by Year’s Worth of Rain in Week, With Many Livestock Killed

Australia’s remote outback in western Queensland has been swamped by flooding after being lashed with a year’s worth of rainfall in a week, sweeping away tens of thousands of livestock. Up to 500 millimeters (19.7 inches) of rain has flooded …

Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter based in Bow, New Hampshire. AIMS does most of its business in the Mid-Atlantic and East Coast …

Markets/Coverages: Lockton Caribbean & Central America Launches Food, Agriculture & Beverage Broking Practice

Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture & Beverage practice that focuses exclusively on the region. The new Food, Agriculture & Beverage practice will deliver tailor-made insurance solutions …

US CDC Says Bird Flu Risk Low, but Asks States to Be Ready With Testing

The U.S. Centers for Disease Control and Prevention (CDC) said on Monday bird flu risk to the public remains low even as it asked the state public health officials to be prepared to respond. The agency asked for plans to …

Northeast Vineyards, Apple Orchards Still Hurting From May Frost Damage

Vineyards and apple orchards across the Northeast are still gauging damage from a late-season frost in May that wiped out a third to most of the crop for some growers who say it’s the worst frost damage they have ever …

Australia Faces Growing Risk of Foot-and-Mouth Disease as Indonesia Outbreak Spreads

The risk of foot-and-mouth disease reaching Australian shores has escalated as an outbreak sweeps through cattle herds in Indonesia. More than 20,000 animals have been infected by foot-and-mouth disease across 16 provinces, according to Indonesia’s agriculture ministry. Some analysts are …

Canada Crop Land ‘Deteriorating’ as Heavy Rain Hinders Planting

Farmers in parts of Canada’s Prairies are struggling to get crops in the ground as heavy rains continue to wallop the eastern region in the latest threat to global grain supplies. Virtually no seeding has been done in Manitoba as …

Extreme Weather Threatens Global Wheat Crops – With One Notable Exception

As Russia’s invasion chokes off Ukrainian wheat exports, pushing up bread and noodle prices, the global harvest faces an added test: extreme weather. Droughts, flooding and heatwaves threaten output from the U.S. to France and India, compounding shrinking production in …

Severe Australia Floods to Worsen, Raising Costs to Farmers

Severe flooding episodes across vast swathes of eastern Australia this week show no signs of relenting as costs to farmers continue to mount, with another bout of heavy rain on course to hit the already sodden growing regions over this …