Latest Agribusiness Headlines

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

Oklahoma Lawmakers Eye Business Tax Breaks Amid Budget Shortfall

Nov 10 2009 // Oklahoma gives away billions of dollars in tax revenue through hundreds of exemptions, credits and deductions that some lawmakers say the state may no longer be able to afford as it slips deeper into a revenue...

2010 Agricultural Payroll Amount for Texas Workers’ Comp Set at $49K

Nov 4 2009 // The Texas Department of Insurance Division of Workers’ Compensation has set the adjusted annual payroll requirement for the coverage of seasonal workers at $49,127. The TDI-DWI said the established gross payroll...

Midwest Wheat Farmers Reap Preventive Planting Insurance Money

Oct 29 2009 // U.S. farmers struggling to seed their wheat crop will likely reap an insurance check rather than sow in less-than-ideal conditions, analysts and agronomists said.Farmers with prevented planting insurance can receive up to...

Carroll, Jarratt and Lee Added to PCI’s Board of Governors

Oct 29 2009 // Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America’s (PCI) Board of Governors.Carroll, serves as executive vice...

Lloyd’s Notes Success of Regional Catastrophe Pools, CCRIF

Oct 26 2009 // An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural...

Wyoming Farmers File Crop Claims

Oct 22 2009 // Farmers in northern Wyoming are beginning to file crop insurance claims for losses they suffered when sugar beets and other crops froze earlier this month.Larry French of Farm Bureau Financial Services and Insurance in...

Brazil Plans Doha Trade Meeting in late November

Oct 20 2009 // Brazil plans to organize a meeting of trade ministers in late November to discuss progress in the World Trade Organization’s long-running Doha round, a senior Brazilian official said Monday.The meeting would be an...

US Needs ‘Better Offers’ on Services from Doha Round Says Trade Rep

Oct 13 2009 // The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday.“We know that...

S&P Takes Rating Actions on Endurance Specialty and Subsidiaries

Oct 13 2009 // Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and...

Pennsylvania Farmers Reminded of Sept. 30 Crop Insurance Deadline

Sep 29 2009 // Pennsylvania farmers can protect their income against unexpected losses by purchasing crop insurance before Sept. 30, said acting Agriculture Secretary Russell Redding.The Crop Revenue Coverage (CRC) base fall price for...

New Mexico Farm Workers Sue for Coverage

Sep 28 2009 // New Mexico dairy worker Joe Griego says the worst part of being attacked by a bull at work has been finding out his injuries aren’t covered by state workers’ compensation benefits.So Griego and others are suing...

10 Insurers Hit Century Mark

Sep 23 2009 // The National Association of Mutual Insurance Companies has welcomed 10 new members into its Century Club, recognizing them for serving policyholders for 100 years.NAMIC also recognized Bucks County Contributionship Mutual...

Dust Storm Blankets Sydney as Drought Bites

Sep 23 2009 // A huge outback dust storm swept eastern Australia and blanketed Sydney on Wednesday, disrupting transport, forcing people indoors and stripping thousands of tons of valuable farmland topsoil.The dust blacked out the...

Indiana Farm Fatalities Increase for Second Year

Sep 21 2009 // After three decades of declines, Indiana’s farm fatalities increased last year for the second straight year — a trend one Purdue University safety engineer calls “extremely...

Iowa’s Farm Bureau Mutual Plans to Convert to Stock P/C Insurer

Sep 17 2009 // The board of Farm Bureau Mutual Insurance Co. in West Des Moines, Iowa, has approved a plan to reorganize into a mutual holding company structure.The plan is subject to approvals by the Iowa Insurance Commissioner and the...

Texas Farmers Eligible for Federal Drought Aid

Sep 16 2009 // Texas farmers and ranchers with livestock grazing losses due to drought or fire can seek federal help.The U.S. Department of Agriculture says producers may begin applying for benefits under the Livestock Forage Disaster...

Building of Unique Disaster Research Facility in South Carolina Begins

Sep 16 2009 // The property/casualty insurance industry today officially broke ground for the building of a disaster safety research center in Chester County, South Carolina.The Institute for Business & Home Safety (IBHS) said its...

Swiss Re Cites Report on Developing Countries Climate Change Costs

Sep 15 2009 // A report, published on Swiss Re’s web site from the Economics of Climate Adaptation Working Group, indicates that climate risks could cost nations up to 19 percent of their GDP by 2030, with developing countries most...

Calif. Workers’ Comp Fund Sale Faces Many Hurdles

Sep 7 2009 // In a move that was not completely unexpected, California Insurance Commissioner Steve Poizner will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund (SCIF) assets declared...

Coastal Home Owners Face Huge Losses from Rising Seas

Sep 3 2009 // Australians Lesley and Doug McGrath have for decades battled ocean swells that have eaten away at the backyard of their multi-million dollar Sydney home. They bought an old beach shack on Collaroy Beach in 1976 and...