All the headlines from our Agribusiness Topic Page, ordered by recency.
Dec 6 2007 // Global reinsurer BMS announced today that it has acquired a P/C brokerage team based in Minneapolis. The nine member team is led by senior brokers Jim Brost and Mike Joyce.“The acquisition of this team boosts our...
Dec 5 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and the issuer credit rating of “bb” of Farmers Mutual Insurance Company (PA) of Elizabethtown, Penna. with a negative...
Nov 19 2007 // Using the 2006 fatal crash data released by the U.S. Department of Transportation, Los Angeles-based Farmers Insurance has completed a study to determine the most influential factors in drivers’ mortality rate in...
Nov 15 2007 // Zurich Financial Services Group is having a good year with nine month net profits increasing by 25 percent to $4.157 billion, compared to $3.326 billion for the same period in 2006.Other earnings highlights included the...
Nov 13 2007 // The wildfires that burned almost a half-million acres in south Georgia were snuffed out months ago, but tree farmers now face prolonged drought and insect infestations as they prepare to replant the vast...
Nov 6 2007 // Oklahoma’s new anti-illegal immigration law has some farmers and agricultural businesses scrambling for laborers as Hispanic workers fearful of being deported stay away from work.House Bill 1804, which went into...
Nov 5 2007 // Wayzata, Minn.-based Cargill Inc. says it is recalling more than 1 million pounds of ground beef that may be contaminated with E. coli bacteria, the second time in less than a month it has voluntarily recalled beef that...
Nov 4 2007 // In a move to help ranchers and farmers get low-interest loans and other assistance, Gov. Jim Gibbons has asked for a federal disaster declaration because of drought conditions and a bad fire season in Nevada.“The...
Oct 31 2007 // North Carolina field crops are predicted to suffer great losses as a result of the state’s drought conditions.Soybean yields are projected to be at 20 bushels per acre, which will be the lowest yield since 1983....
Oct 30 2007 // Wind-driven wildfires that torched Southern California have charred fruit orchards, wilted flowers and littered the ground with avocados, delivering a devastating blow to area farmers already reeling from a deep winter...
Oct 26 2007 // The U.S. Department of Agriculture is considering imposing a new set of national regulations to lower the risk of foodborne illness in salad greens.The USDA’s Agricultural Marketing Service says its new proposal for...
Oct 25 2007 // A drought report released Tuesday says 17 North Carolina water systems serving hundreds of thousands of residents are near a crisis-level shortage. The lengthy drought has strained North Carolina’s water systems and...
Oct 22 2007 // Max Bermuda, the operating company of the Max Capital Group, announced an expansion of its Dublin unit with the appointment of Michael W. Dicker as Senior Vice President – Agriculture at Max Re Europe Limited, Max...
Oct 22 2007 // More than a dozen South Carolina clam farmers who claimed most of their crop was spoiled by an oil spill five years ago have settled a lawsuit with a shipping line and a dredging firm for nearly $1.8 million.Under the...
Oct 17 2007 // Three San Luis Valley, Colo., farms have been ordered to turn over records to a federal investigator looking into whether they illegally sold potatoes after collecting up to $1.3 million in federal insurance payments on...
Oct 12 2007 // Washington Gov. Chris Gregoire has asked that 10 counties be declared federal disaster areas because of crop damage from drought and wildfires started by lightning.Low-interest federal loans to hard-hit farmers under a...
Oct 9 2007 // Los Angeles-based Farmers Insurance Group Inc. named John Ingersoll vice president of marketing. In addition to having resposibility for marketing, advertising and brand awareness, he will work closely with Farmers’...
Oct 8 2007 // Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key...
Oct 8 2007 // Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key...
Oct 5 2007 // Insurance Skills Center and the Independent Insurance Agents of Iowa will present a two-day conference focusing on farm and agribusiness insurance risks, Oct. 22-23, 2007 in Des Moines, Iowa.The Midwest Agribusiness...