All the headlines from our Agribusiness Topic Page, ordered by recency.
Feb 7 2010 // $12 BillionHurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in...
Feb 7 2010 // $1.5 Billion Projected budget deficit Colorado lawmakers are grappling with, as they evaluate proposals to slash spending for public education, higher education, Medicaid and other programs. Among the proposals being...
Feb 7 2010 // Aon Risk Services 17th Political Risk Map highlights continued political and financial instability for global business in 2010, closely linked to the ongoing recession in many parts of the world.“Rising risk levels...
Feb 7 2010 // Top 100 Agency Profile Agency Name: Marshall and Sterling Enterprises Inc. Headquarters: Poughkeepsie, N.Y. Year Founded: 1864 Additional Locations: 17 2008 Total Premium Volume: $342 million Property/Casualty: $289...
Feb 4 2010 // The Zurich Financial Services Group posted across the board income gains in all of its core business segments and targeted growth in profitable market areas, particularly in Global Life and from Farmers.The Group generated...
Feb 2 2010 // It will still be weeks, into March and April, before the full extent of crop damage and insurance payments from Florida’s recent extended freeze will be known.While Florida’s citrus industry has been hard hit,...
Feb 2 2010 // Los Angeles-based Farmers Insurance Group of Companies has appointed Susan Bithell vice president and chief underwriting officer. In her new role, Bithell will oversee the continued alignment of the company’s...
Jan 28 2010 // Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services, the global risk management and insurance brokerage business of Aon Corp. The...
Jan 27 2010 // Agricultural claims cost the California workers’ compensation system $1.46 billion in loss payments, according to a recent “Industry Scorecard.According to the Scorecard, which provides data on accident year...
Jan 22 2010 // The private crop insurance industry is blasting a proposed restructuring in the crop insurance program they say would cut $4 billion — or $800 million a year — over the next five years.The proposal, by the U.S....
Jan 20 2010 // The San Diego Open found a title sponsor one week before its tournament, the fourth new sponsor the PGA Tour has attracted in the last nine months.The tour said that Farmers Insurance Group has agreed to be title sponsor...
Jan 15 2010 // The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office.The report, which the WEF has...
Jan 13 2010 // Citrus growers in central Florida Tuesday reported more freeze damage to their oranges from another night of freezing temperatures and said they also feared leaf and twig damage could hurt the 2010/11 crop.Citrus growers...
Jan 13 2010 // Maine-based insurer Acadia Insurance said it is now offering a complete range of bundled products for the agribusiness industry throughout New England and New York.Acadia’s agribusiness target markets include: horse,...
Jan 13 2010 // Here’s something you don’t often see in this town at the heart of the state’s $9 billion citrus industry: a sign at the public library that says, “ICE! On sidewalk. Be careful!”Growers were...
Jan 12 2010 // Insurance and risk management firm, The Gibraltar Group, headquartered in Lubbock, Texas, has introduced a new insurance program to address the risks faced by the dairy industry.Businesses served by the new program include...
Jan 12 2010 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” for Farm Bureau County Mutual Insurance Company of Texas...
Jan 12 2010 // The Texas Department of Insurance, the Office of Public Insurance Counsel and Farmers Insurance Company have reached a settlement in a dispute over a homeowners insurance rate increase filed by Farmers in June 2009.Farmers...
Jan 10 2010 // Virginia-based specialty insurer Markel Corp. announced that its President and Chief Operating Officer Paul W. Springman resigned. Springman had been on a leave of absence since late October.The Independent Insurance...
Jan 10 2010 // The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — that investment income was...