All the headlines from our Agribusiness Topic Page, ordered by recency.
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...
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...
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 // 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...
Jul 22 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...
Jul 22 2002 // Texas Insurance Commissioner Jose Montemayor has initiated an investigation of Farmers Insurance Co. to determine whether new homeowners restrictions it put in place violate fair trade practices.The Austin...
Jul 22 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...
Jul 17 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...
Jul 15 2002 // The Farmers Insurance Group of Companies has made available the “You’re Essential to Safety” (Y.E.S.) Program in Texas. The Y.E.S. program was developed to educate young drivers and their parents or...