Latest Agribusiness Headlines

All the headlines from our Agribusiness Topic Page, ordered by recency.

Good News for Midwest Farmers on Crop Insurance

Mar 28 2011 // There were some weary insurance agents in the region March 16. There were plenty of farmers with better-than-usual crop insurance coverage, too.March 15 was the deadline for purchasing or modifying crop insurance for...

Guy Carp to Develop Agriculture Microinsurance for Mozambique Farmers

Mar 23 2011 // International reinsurance broker Guy Carpenter & Co. announced that it will receive a $1.0 million grant from the International Finance Corporation (IFC), a member of the World Bank Group.The grant will be used to help...

Ironshore Specialty Introduces Lead Umbrella Product for Agriculture Industry

Mar 23 2011 // Ironshore Inc. has introduced Ironshore AgriProtection, an agriculture industry lead umbrella policy launched in response to increased demand from a large, middle market commercial agribusiness entities. Ironshore...

Arkansas Economy Less Affected by Recession

Mar 21 2011 // Arkansas’ economy has been less affected by the national recession than most other states because of its concentration on agricultural industries, according to a report released March 18.The report, issued by the...

Food Bells? Ringing the Risks of Food Prices

Mar 21 2011 // Food prices continue to ride a rollercoaster. In the first quarter of 2011 the food price index of the United Nations’ Food and Agriculture Organization set new records in real and nominal terms. While food prices...

Russell Consulting Group Makes Two Appointments

Mar 9 2011 // Russell Consulting Group, a Midwest-based risk management and financial planning firm, and its majority owner Country Hedging Inc., commodity brokerage subsidiary of leading grains, energy and foods company CHS Inc., has...

UN’s FAO Notes Climate Change, Biofuels Threaten Food Security

Mar 7 2011 // Climate change bringing floods and drought, growing biofuel demand and national policies to protect domestic markets could boost global food prices and threaten long-term food security, the United Nations said.High and...

Midwest Prepares for Massive Spring Flooding

Mar 7 2011 // One of the snowiest winters on record for the Midwest and northern U.S. Plains have crop watchers worried about a repeat of the massive flooding that hit one of the world’s top grain producing regions in...

Climate Change to Drive up Food Prices

Mar 2 2011 // Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more frequent, a climate-change advisor to the Australian government said on Wednesday.Ross Garnaut...

Best Affirms Endurance Specialty and Subs ‘A’ Ratings

Feb 25 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed...

Demand for Agricultural Insurance Expected to Grow

Feb 25 2011 // The agricultural insurance market is facing rising demand along with pressures to adapt to changes in farming and to become more efficient in delivering products.Increasing world demand for food is driving up commodity...

Demand for Agricultural Insurance Coverages Expected to Grow

Feb 21 2011 // Increasing world demand for food is driving up commodity prices for corn, soybeans, wheat and other food staples. At the same time, the U.S. farming economy is strong, the federal crop insurance program is being changed,...

A New Playing Field

Feb 21 2011 // The Farmers Insurance Exchange agreed to pay $700 million for the naming rights to the proposed downtown Los Angeles football stadium and event center, a deal backers say is a big step towards attracting an NFL team to the...

Iowa Supreme Court: Agent not Required to Suggest Unrequested Coverage

Feb 21 2011 // The Iowa Supreme Court sided with an insurance agent in a case involving whether the agent has a duty to advise clients as to the need for insurance coverage about which the clients had not inquired.In considering an...

Record Number of Grain Bin Accidents in 2010

Feb 17 2011 // Clumps of moldy corn crashed down around Lael Steinhoff, burying him above his waist for more than three hours before rescue workers could free him from a grain bin on his western Iowa farm.Steinhoff, 61, was one of the...

Endurance Reports $111.2 Million Q4 Net Income; $364.7 Full Year

Feb 14 2011 // Bermuda-based Endurance Specialty Holdings reported net income of $111.2 million and $2.09 per diluted common share for the fourth quarter of 2010, compared to net income of $154.8 million and $2.56 per diluted common...

Correction: Zurich BOP Off 13% for 2010 at $4.9 Billion

Feb 11 2011 // In the Feb. 10, 2011, article regarding Zurich Financial Services’ results for the year ended Dec. 31, 2010, Insurance Journal incorrectly stated information regarding the Farmers Exchanges, which are managed but not...

Iowa Supreme Court: Agent not Required to Suggest Unrequested Coverage

Feb 8 2011 // The Iowa Supreme Court has sided with an insurance agent in a case involving whether or not the agent had a duty to advise his clients as to the need for insurance coverage about which the clients had not inquired.In...

Farmers Watch Harsh Winter Crush Their Livelihoods

Feb 7 2011 // For Northeastern farmers long used to coping with all sorts of cold-weather problems, this winter presents a new one: snow and ice that’s bringing down outbuildings, requiring costly repairs, killing livestock and...

United States Proposes to Open Roads to Mexican Trucks

Feb 7 2011 // The Obama administration on Jan. 6, 2011, proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling.The...