All the headlines from our Agribusiness Topic Page, ordered by recency.
Jan 25 2012 // Crop insurers paid out a record $9.1 billion in indemnities on 2011 U.S. crops, and the total could top $10 billion when all claims are settled, due to damage from drought, flooding, and freezing weather, a trade group...
Jan 23 2012 // Amid the continued difficult economic conditions, a heightened frequency of catastrophic events in 2011 has resulted in nearly $40 billion of losses to insurers. The losses associated with these catastrophes have been...
Jan 23 2012 // The six states with the highest percentage of people age 50 and older in 2006 were: Maine (43.7%) West Virginia (43.3%) Vermont (42.7%) Montana (42.2%) Florida (42.0%) Pennsylvania (41.9%) There can be significant...
Jan 20 2012 // Arizona is set to get $5.2 million in disaster aid from the Department of Agriculture.USDA Secretary Tom Vilsack announced the award as part of more than $300 million in emergency assistance to 33 states and Puerto Rico....
Jan 19 2012 // State agriculture officials say a destructive citrus plant disease that has wiped out crops in Florida has been confirmed in Texas.The Texas Department of Agriculture on Jan. 18 announced that a section of Hidalgo County...
Jan 17 2012 // The Mutual Service Office Inc. is introducing its 2011 farmowners program in Arkansas. The program is being used by a member company that has entered the state.The farmowners program is a self-contained package-type policy...
Jan 13 2012 // North Carolina farmers hurt by Hurricane Irene last August and by tornadoes in April can now get more help from the federal government with more loan options and payments to recover from crop losses.State officials...
Jan 9 2012 // Zurich has reached an agreement with Aran Insurance Services Group to provide package, umbrella and auto coverage for agribusiness operations through MiniCo Insurance Agency.The international carrier will provide coverage...
Jan 9 2012 // Chartis has appointed Murli Buluswar to the newly created position of chief science officer.In this role, Buluswar will be responsible for establishing a research and development function to study corporate business and...
Jan 9 2012 // A jury ruled Aurora County doesn’t have insurance coverage for a lawsuit filed by a South Dakota dairy farming family. Thompson Farms says the southeastern South Dakota county put them out of business by imposing a...
Jan 9 2012 // Verne Cadwell has been named vice president of the crop hail division at Grinnell Mutual Reinsurance Co. located in Grinnell, Iowa.Cadwell’s promotion follows a 12-year career at Grinnell Mutual, where he has served...
Jan 9 2012 // A Barton County, Mo., judge in December 2011 approved a proposal to allow Missouri Farm Bureau to assume operations of three small insurance companies that became insolvent after paying claims from the May 22 Joplin...
Jan 6 2012 // Momentous Insurance Brokerage has formed an equine specialty practice to provide insurance coverage for horse-related businesses and private horse owners.The equine practice launched at the start of the year and will offer...
Jan 5 2012 // La Nina, the weather phenomenon widely blamed for withering drought in the southwestern United States and South America, may last longer than expected, into the Northern Hemisphere spring, the U.S. Climate Prediction...
Dec 29 2011 // One of North Carolina’s largest homeowners’ insurers says it is considering canceling the coverage of up to 70,000 homeowners unless the state Legislature makes changes allowing it to charge higher rates.North...
Dec 20 2011 // Verne Cadwell has been named vice president of the crop hail division at Grinnell Mutual Reinsurance Co. located in Grinnell, Iowa.Cadwell’s promotion follows a 12-year career at Grinnell Mutual, where he has served...
Dec 19 2011 // The state insurance department says the Missouri Farm Bureau will take over the operation of three small insurance companies that became insolvent after paying claims from the deadly Joplin tornado. The three insolvent...
Dec 15 2011 // The state says that Montana farmers who bought hail insurance will be getting a 25 percent refund. The Montana Hail Board made the decision after reviewing at a recent actuarial report at its annual meeting. The Montana...
Dec 15 2011 // Midwestern farmers who saw their land swamped by summer flooding may be socked again with steep increases in their crop insurance premiums, the expensive result of the failure to fix broken levees before the winter snow...
Dec 13 2011 // Even though China gets most of the headlines, there’s been slow, but steady, progress for private insurers in Asia’s other billion plus people country – India. Although its rate of growth has slowed recently,...