All the headlines from our Agribusiness Topic Page, ordered by recency.
Sep 26 2003 // Farmers Insurance Group told the Missouri Department of Insurance that it is withdrawing from medical malpractice coverage in all 18 states where the firm operates. Affected in Missouri is physician and hospital business...
Sep 26 2003 // The Farmers Insurance Group of Companies’ Truck Insurance Exchange® unit will reportedly discontinue its medical malpractice insurance line of business. According to the company and effective immediately, Farmers...
Sep 24 2003 // Beverly Fick, manager of Bradford Victor-Adams Mutual Insurance, Franklin Grove, Ill., has been chosen as NAMIC’s 2003 Professional Farm Mutual Manager (PFMM) of the Year.She was recognized during NAMIC’s Farm...
Sep 2 2003 // Direct writer Farmers Insurance Group announced it is reducing auto rates in the state of Illinois. Farmers customers in Illinois will see a rate decrease of 4.2 percent effective Sept. 1. Farmers will also be introducing...
Aug 27 2003 // Pennsylvania Agriculture Secretary Dennis Wolff announced that the Federal Crop Insurance Corporation (FCIC) has raised the ceiling on Pennsylvania’s AGR-Lite crop insurance protection program from $100,000 to...
Aug 26 2003 // Pasadena, Calif.-based PAULA Financial announced net income for the second quarter of 2003 of $0.02 per share compared to $0.01 per shares for the 2002 period. Total revenue for the second quarter of 2003 was $4.3 million...
Aug 20 2003 // Zurich Financial Services has apparently turned the corner after some very rough times. The company’s 1st half results show net income of $701 million – well above most analysts’ expectations –...
Aug 18 2003 // Pennsylvania’s Agriculture Secretary Dennis C. Wolff announced that the state’s “AGR-Lite” crop insurance protection program’s maximum policy size has been raised to $250,000, from the...
Aug 18 2003 // According to Texas Attorney General Greg Abbott, the state reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have paid...
Aug 13 2003 // Oklahoma Insurance Commissioner Carroll Fisher announced the approval of emergency rules to grant special licenses to agents allowing them to sell a new form of insurance for cattle producers. The Agriculture Revenue...
Jul 30 2003 // Fireman’s Fund Insurance Company has integrated Farm & Ranch management into its Small Business operations, which completes a companywide realignment of its agricultural risks.“This management integration...
Jul 29 2003 // According to Texas Attorney General Greg Abbott, the state has reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have...
Jul 25 2003 // An earlier Insurance Journal story incorrectly reported that Farmers Insurance Group was reducing homeowners rates in Kansas, when in actuality it was lowering auto rates.The story was based on an erroneous statement...
Jul 18 2003 // Farmers Insurance Group® announced they are reducing homeowners rates in the state of Kansas.Farmers’ policyholders in Kansas were to see a rate decrease of .7 percent effective July 1. Actual savings will vary...
Jul 11 2003 // Thursday, at the request of Congressman Tim Holden, the Pennsylvania Department of Agriculture’s (PDA) Deputy Secretary for Administration, Russell Redding testified before the U.S. House Subcommittee on General Farm...
Jun 19 2003 // The Independent Insurance Agents & Brokers of America (IIABA) is calling the Risk Management Agency’s (RMA) decision to pull approval for the Converium-Crop 1 Insurance Company’s “Premium Discount...
Jun 17 2003 // Farmers Insurance Group announced it has filed for a rate reduction with the Nevada Department of Insurance on all homeowners business in the state of Nevada. If approved by the department, beginning with September 16th...
Jun 9 2003 // State District Judge Scott Jenkins gave preliminary approval to the $117.5 million settlement between the State of Texas and Farmers Insurance. The record settlement is the result of action taken by the Texas Office of...
May 28 2003 // Patrick James Murphy, 45, of Norco, pled no contest in Los Angeles Superior Court, on May 15, to 39 felony counts, including grand theft and elder abuse. Superior Court Judge David Horwitz sentenced Murphy to four years in...
May 23 2003 // State District Judge Scott Jenkins in Austin gave a nod to the $117.5 million settlement between the state of Texas and Farmers Insurance Group. According to the Austin American-Statesman, the preliminary approval ends a...