Latest Agribusiness Headlines

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

North Carolina Farm Bureau Employee Charged with Embezzlement

Jan 6 2010 // A former customer service representative for the North Carolina Farm Bureau Insurance Co. has been arrested on charges she embezzled premium payments from customers. North Carolina Insurance Commissioner Wayne Goodwin...

Special Reuters Report: America’s Route to Recovery

Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city.After graduating from high school...

North Dakota Alleges Agent Fraud in Farm, Homeowners Insurance Sales

Dec 28 2009 // North Dakota Insurance Commissioner Adam Hamm has issued a cease and desist order against Patricia Howard, a Dunn Center insurance agent, who is alleged to have engaged in deceitful and dishonest practices against her...

Henle Named South Texas State Executive Director for Farmers Insurance

Dec 22 2009 // Farmers Insurance Group of Companies has named John Henle as South Texas state executive director. Henle replaces Larry Pratt who has been promoted to vice president – Sales in the company’s Los Angeles...

Farm Bureau Mutual Moving Forward with Mutual Holding Company Plan

Dec 21 2009 // Both the policyholders of Farm Bureau Mutual Insurance Company and the Iowa Insurance Commissioner now have approved plans under which the company will be reorganized into a mutual holding company structure.The plan of...

Farmers Appoints New Southwest Field Operations Executive

Dec 21 2009 // Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico,...

2009 P/C Insurance Mergers, Acquisitions Large and Small

Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....

Austin-Round Rock, Texas, Most Secure Large Metro Area

Dec 18 2009 // The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live...

Hawaii Drought Earns Disaster Area Designation

Dec 15 2009 // The U.S. Department of Agriculture has designated Maui County and the Big Island primary natural disaster areas due to losses caused this year by continuing drought.Agriculture Secretary Tom Vilsack made the announcement...

Economists Estimate $309M Arkansas Crop Losses

Dec 15 2009 // Rains late in the growing season that inundated some cropland and pummeled rice and cotton plants caused an estimated $309 million in losses, according to economists at the University of Arkansas Division of...

Two New Mexico Counties Get Disaster Aid

Dec 10 2009 // The U.S. Department of Agriculture in Washington has designated Grant and Luna counties in New Mexico as primary natural disaster areas due to losses caused by drought and high winds that occurred since Jan. 1. Agriculture...

Oregon Fines Farmers Over Re-Rating

Dec 9 2009 // Oregon’s Department of Consumer and Business Services recently fined Farmers Insurance Company of Oregon $10,000 for improperly using consumers insurance scores in calculating renewal rates on thousands of auto and...

AIG Hawaii Becomes Farmers Insurance

Dec 6 2009 // AIG Hawaii Insurance Co. Inc. is changing its name to Farmers Insurance Hawaii, Inc., heralding in a new chapter in the company’s nearly 55-year history, and reflecting its new ownership under national insurer...

People

Dec 6 2009 // Des Moines, Iowa-based Principal Financial Group announced that John Aschenbrenner, president of its insurance and financial services division, will retire at the end of 2009 after more than 37 years with the...

Oregon Proposes Rules for Producers, Crop Insurance Claims Adjusters

Dec 3 2009 // The Oregon Insurance Division has proposed new insurance licensing rules to, among other things, charge agencies a fee for the cost of criminal records checks, as wells as to establishe new requirements for crop insurance...

AIG Hawaii Becomes Farmers Insurance

Nov 24 2009 // AIG Hawaii Insurance Company, Inc. has announced that it is changing its name to Farmers Insurance Hawaii, Inc. – heralding in a new chapter in the company’s nearly 55-year history – and reflecting its...

XL Acquires Unicorn Underwriting to Strengthen Equine Capabilities

Nov 19 2009 // XL Insurance, the global insurance operations of XL Capital, announced “the strengthening of its equine capabilities” with the acquisition of an underwriting and claims team from London-based Unicorn...

Extensions Available for Crop Insurance Deadlines in South Dakota

Nov 16 2009 // The South Dakota Agriculture Department says wet conditions have delayed what looks like a near-record harvest for many South Dakota farmers and raised concerns about a Dec. 10 harvest deadline for crop insurance. In a...

More Heavy Metal Hits

Nov 15 2009 // On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down Highway 74 in Polk County, N.C., when the county sheriff spotted him. He...

International Excess Opens Agriculture Business Division

Nov 12 2009 // International Excess, headquartered in Cleveland, Ohio, has launched a new division dedicated to crop, farm and livestock insurance.Chuck Gabel, divisional vice president of International Excess Agribusiness, has...