All the headlines from our Agribusiness Topic Page, ordered by recency.
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,...
Dec 12 2011 // The Arkansas Supreme Court has affirmed a nearly $50 million verdict for farmers who say they lost money because Bayer’s genetically altered rice seeds contaminated the food supply and drove down global crop...
Dec 12 2011 // After five years of litigation, an Iowa insurance agent will pay $835,000 to settle allegations that he filed false federal crop insurance claims.The Justice Department announced the settlement with Russell Hawley of Vail,...
Dec 8 2011 // Zurich Financial Services Group announced that Jeff Dailey (54, U.S. citizen) has been appointed as a member of the Group Executive Committee effective January 1, 2012.He is currently President and COO of Farmers Group,...
Dec 7 2011 // The U.S. Department of Agriculture’s Risk Management Agency on Wednesday announced a new pilot insurance program for table and oil olives in 12 California counties beginning with the 2012 crop year. The sales closing...
Dec 6 2011 // After coming out of this year’s spring flooding with damage limited mostly to Utah farmlands, state and county officials are beginning preparations for next year with a wary eye toward the state’s...
Dec 5 2011 // Forty years ago the New Jersey Supreme Court in Rova Farms Resort, Inc. v. Investors Ins. Co. of America, 65 N.J. 474, 323 A.2d 495 (1974), recognized a cause of action against an insurance company in situations where the...
Dec 2 2011 // The U.S. Department of Agriculture has announced a pilot program to provide crop insurance for camelina in selected counties in Montana and North Dakota beginning with the 2012 crop year.Oil from crushed camelina seeds can...
Dec 2 2011 // The U.S. Department of Agriculture’s Risk Management Agency will insure camelina through a pilot program in 2012. It will be available in Montana and North Dakota, and sales will close Feb. 1, 2012.The USDA has...
Dec 1 2011 // ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers...
Nov 30 2011 // South Dakota officials say some stretches of the James River remain well above flood stage heading into the winter freeze, setting the stage for more flooding next spring.The James, which has been out of its banks for much...