All the headlines from our Agribusiness Topic Page, ordered by recency.
Sep 16 2002 // Farmers Insurance Company filed suit against Texas Insurance Commissioner Jose Montemayor and the Texas Department of Insurance (TDI) seeking to reverse an emergency cease and desist order issued against the company. Among...
Sep 14 2002 // Nuts & Bolts: Equine Insurance Specialists is offering a horse farm package.Dollars: Policy limits of $1,000,000/$2,000,000 GL.,deductibles of $500 to $2,500. Minimum premiums of $1,000 Carrier: United National Group...
Sep 11 2002 // Oregon-based SRC Software announced that National Farmers Union Insurance of Aurora, Colo., has selected SRC’s Advisor Series™ to streamline and improve the budgeting and financial reporting process for both...
Sep 11 2002 // Missouri-based Duck Creek Technologies, Inc., a provider of product management software and services to the insurance industry, announced that Indiana Farmers Mutual Insurance Group has selected its EXAMPLE Platform...
Sep 10 2002 // Thunderstorms of unprecedented intensity struck Southern France Sunday night and Monday, causing widespread flooding and knocking out road and rail transportation throughout the region. 16 people were killed as a direct...
Sep 5 2002 // Farmers operating units Farmers Insurance Exchange and Fire Insurance Exchange have filed suit against Texas Insurance Commissioner Jose Montemayor and the Texas Department of Insurance (TDI) in response to the issuance of...
Sep 2 2002 // Farmers Insurance Company’s troubles in Texas mounted with an August 13 emergency cease and desist order issued against Farmers by the Texas Department of Insurance in an effort to “stop unfair pricing...
Aug 23 2002 // Standard & Poor’s reacted quickly to the announcement by Japan’s Kyoei Mutual Fire & Marine Insurance Co. that it had canceled plans to join the Millea Group, and would instead become a subsidiary of...
Aug 23 2002 // Farmers Insurance Company has directed its agents to discontinue selling new homeowners policies in Texas beginning Oct. 31. The company will also stop offering replacement policies, existing policies that are not renewed...
Aug 19 2002 // Texas Governor Rick Perry and Attorney General John Cornyn announced that his office filed suit against Farmers Group Inc., the state’s second largest homeowners insurer, Aug. 5 for allegedly charging unnecessarily...
Aug 16 2002 // The Department of Labor and Industries has ordered a 51-year-old former Yakima man to pay back $16,649.76 after an investigation showed he allegedly collected workers’ compensation benefits illegally for...
Aug 16 2002 // The Texas Department of Insurance has issued an emergency cease and desist order against Farmers subsidiaries Farmers Insurance Exchange and Fire Insurance Exchange that effectively freezes the carrier’s homeowners...
Aug 14 2002 // Iowa-based Acceptance Insurance Companies Inc. announced a net after-tax loss of $5.2 million, or $0.36 per share, for the three months ended June 30, 2002. This compares with a net after-tax loss of $888,000, or $0.06 per...
Aug 7 2002 // Westfield Group and American Agrisurance, Inc. (AmAg®) have formed a marketing alliance for the sale of crop insurance to agricultural producers throughout the northeastern and mid-Atlantic United States.According to...
Aug 7 2002 // A judge in Fargo, N.D. dismissed a lawsuit against the U.S. Department of Agriculture over the agency’s cancellation of a type of federal crop insurance for durum wheat last year.According to the Associated Press,...
Aug 6 2002 // In response to the lawsuit filed Aug. 5 by the Texas Attorney General against Farmers Insurance Group of Companies, the company has reviewed the allegations and says they are without merit. The lawsuit was filed by...
Aug 6 2002 // Iowa-based Acceptance Insurance Companies Inc. has retained Philo Smith & Co. as a financial advisor to assist the company in expanding its agricultural risk management operations. American Agrisurance Inc. and...
Aug 5 2002 // Fitch Ratings assigned a “B-” Long-Term issuer rating to Acceptance Insurance Companies Inc. (Acceptance) and a “CCC+” rating to Acceptance’s $94.875 million 9.00 percent Trust Preferred...
Aug 5 2002 // Farmers Insurance Exchange and Truck Insurance Exchange began serving summons and complaints July 16 upon a Contra Costa County, Calif. body shop and its owners, accusing them of taking part in a large-scale scheme...
Aug 5 2002 // Property and casualty insurer Farmers Alliance Mutual Insurance Co. will accept no new customers in New Mexico and will not renew existing customers’ policies, impacting some 7,000 policyholders, according to the...