All the headlines from our Agribusiness Topic Page, ordered by recency.
Jan 31 2024 // Last month, Mike Weber got the news every poultry farmer fears: His chickens tested positive for avian flu.Following government rules, Weber’s company, Sunrise Farms, had to slaughter its entire flock of egg-laying...
Jan 30 2024 // Since catastrophic flooding hit Vermont in July and waterlogged crops, some farmers are trying to figure out how to get through the next season.Water washed away seeds planted in the summer at Bear Roots Farm, which grows...
Jan 29 2024 // BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia.Opponents recently urged the Bainbridge City Council to block plans by a...
Jan 26 2024 // Ratings firm AM Best has revised the outlooks to negative from stable of Farmers Mutual Fire Insurance Co. of Marble, Pennsylvania.At the same time, it has affirmed the insurer’s Financial Strength Rating of A...
Jan 17 2024 // Two court rulings in Southeastern states have underscored insurers’ responsibilities under uninsured motorist laws.In a Mississippi class-action lawsuit, the U.S. 5th Circuit Court of Appeals found that Allstate...
Jan 11 2024 // Rokstone, a specialty insurance and reinsurance managing general agency, has launched a new third-party administrator service based in Kentucky. Part of the Aventum Group, Rokstone said its new Verus TPA will manage...
Jan 9 2024 // Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run of wild weather on the nation’s east coast leaves a trail of destruction.Severe...
Jan 2 2024 // Climate change is making it harder to accurately predict extreme weather events, said Australia’s agriculture minister Murray Watt, amid criticism the country’s meteorology department failed to provide timely...
Dec 15 2023 // The West Virginia Insurance Commissioner’s Office is accepting comments on a proposed 19.9% auto liability insurance rate increase for Farmers Direct Property and Casualty Insurance Co. The proposed increase is one...
Dec 15 2023 // It was a rough year for many Massachusetts farmers who experienced a deep February freeze, a late May frost event, and catastrophic flooding in July.To help them recover from the damage, the Healey-Driscoll Administration...
Dec 7 2023 // RALEIGH, N.C. (AP) — Several hog farms in North Carolina were properly allowed to collect energy from the animals` waste, a state appeals court said Tuesday, ruling that their permit applications were scrutinized...
Dec 5 2023 // Louisiana’s agriculture and forestry sectors experienced approximately $1.69 billion in damages in 2023 due to excessive heat and drought, according to a study from the Louisiana State University Agricultural...
Dec 5 2023 // Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according to a government...
Dec 5 2023 // California water agencies serving 27 million people will get 10% of the water they requested from state supplies to start 2024 due to a relatively dry fall, even though the state’s reservoirs are in good shape, state...
Dec 4 2023 // Drought, heat, hail, rain and freezing temperatures – the five horsemen of crop insurance.A new report from EWG found that crop insurance payouts for the top five weather-related losses totaled over $118.7 billion...
Nov 21 2023 // Justin Ralph estimates he`s made about 200 trips delivering grain from the fields he farms with his brother and uncle this year. They`re accustomed to using their four semi-trucks to take the harvest from a total of about...
Nov 20 2023 // AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Co. and...
Nov 20 2023 // Skanska USA, part of one of the world’s largest construction firms, was ordered to pay almost $1.7 million to a Florida oyster farmer, three years after the firm’s barges broke loose in Hurricane Sally.The...
Nov 17 2023 // Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc. at a price that would crystallize near-total losses for any longer-term...
Nov 16 2023 // Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the Farmers Exchanges for US$760 million. The deal also includes the Farmers Exchanges’...