Latest Agribusiness Headlines

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

Iowa Co. Settles With Rice Farmers

Jul 6 2000 // American Agrisurance Inc has agreed to a $3.7 million settlement with rice farmers from around the country who accused the company of reneging on a price agreement. Previously, the company, based in Council Bluffs, Iowa,...

Farmers Insurance Upgraded to A+

Jun 26 2000 // A.M. Best Co. has upgraded the financial strength rating of the Farmers Insurance Group to A+ from A. The rating applies to the 18 members of the group and acknowledges Farmers Insurance Group as a core and integral...

Clinton Signs Law for $7.1 Billion in Farm Aid

Jun 21 2000 // The bill, now law, also restructures federal crop insurance to make it cheaper for growers to buy policies. The package provides for American farmers to receive an average $3,750. The first round of payments, $5.5 billion...

TEAMING UP FOR AGRIBIZ

Jun 12 2000 // Zurich U.S. and The Hartford Financial Services Group formed a strategic relationship to co-market their agribusiness products in a program designed to take advantage of each compaies strengths. Under the agreement, which...

Farmers Offers Loss Reporting Via the Internet

Jun 2 2000 // Once a Farmers customer accesses the Claims web page, they will be able to enter information such as their policy number, details surrounding the loss, where they can be contacted and the best time for Farmers to contact...

Zurich U.S., The Hartford Forge Strategic Agribusiness Alliance

Jun 1 2000 // Zurich U.S. and The Hartford Financial Services Group have formed a strategic relationship to co-market their agribusiness products in a program designed to take advantage of each company’s unique strengths. Under...

Congress Approves $7.1 Billion Farm Bailout

May 26 2000 // A $7.1 billion bailout for American farmers hurt by depressed crop prices was approved Thursday by Congress. If approved by President Clinton, as is expected, the bill would make federal crop insurance cheaper and easier...

Farm Aid Deal Reached; Final Vote Any Day

May 25 2000 // Congressional negotiators on Wednesday agreed on a $15 billion farm assistance package that would cut the cost of crop insurance and compensate growers for a third consecutive year of low commodity prices. The package also...

IIAA Hails Appellate Court’s Crop Insurance Ruling

May 18 2000 // In a significant victory for independent agents, a federal appellate court yesterday unanimously affirmed a lower-court decision that overturned an Office of the Comptroller of the Currency (OCC) ruling permitting national...

International Commmentary

May 15 2000 // China, PNTR and WTOÐPart IIWhat is the Chinese Market? The Western world has long had an ongoing fascination with China’s enormous population-1.2 billion and counting. Corporate leaders fantasize that, if only 10...

Lawsuit Against Farmers Given Class Action Status in Oregon

May 12 2000 // Multnomah County Circuit Court Judge Harl H. Haas granted class-action certification on May 10 to a $5-million lawsuit against Farmers Insurance Company of Oregon. The suit, which was filed by attorney Richard Yugler, a...

CROP REFORM PASSES

Apr 3 2000 // The Senate overwhelmingly agreed March 23 to reduce premiums and cover new farm commodities in an effort to increase the number of farmers buying federally subsidized crop insurance. The move is expected to cost taxpayers...

Grand Jury Reports on Charges Against Farmers Insurance

Feb 3 2000 // SAN MARCOS, Texas, Feb. 3- A Hays County Grand Jury has found reason to continue a criminal investigation of Endangerment to a Child charges involving Farmers Insurance Company, as reported today by PR Newswire.After a...