Latest Agribusiness Headlines

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

Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk

Aug 14 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan...

Reporting High Electric Bills Helps Nab Illegal Marijuana Farms But Raises Privacy Issues

Aug 14 2024 // Operators of illegal marijuana grow enterprises hidden inside rural homes in Maine don’t have to worry much about prying neighbors. But their staggering electric bills may give rise to a new snitch.An electric...

Farmers to Streamline East Region in Move That Will Mean 84 Layoffs

Aug 14 2024 // Farmers Group is laying off more employees one year after it cut ties with 11% of its workforce or 2,400 people.This time the insurer said it is not disclosing how many people may lose their jobs. However on August 7, the...

Norway Salmon Farming Industry Grapples With Harsh Climate Effects

Aug 7 2024 // Norwegian salmon farmers face challenges from an unusually harsh winter and the El Nino climate phenomenon which led to record fish mortality and concerns over long-term forecasts ahead of a warmer summer.El Nino — a...

Midwestern Farmers Who Say Yes to Solar Power Face Neighbors’ Wrath

Aug 2 2024 // When Michigan farmer Clara Ostrander heard about the benefits of hosting a solar energy project, she remembered something her father had told her four days before he died: Don’t sell the farm. Keep it in the...

French Farmers Facing ‘Catastrophic’ Harvest Seek State Help

Jul 31 2024 // French farmers are calling on the government to provide financial aid as there’s a high risk that this year’s wheat harvest will be the lowest in at least a decade because of heavy rains.Three weeks into the...

Local Opposition Challenges Wind Farm Development in Rural Nebraska

Jul 29 2024 // After NextEra proposed a wind farm in Greeley County, Nebraska two years ago, Robert Bernt, a dairy farm owner in the area, helped to mobilize community members against the idea.His group held town hall meetings and ran...

Crop Insurance Won’t Let Some Farmers Adapt to Climate Change

Jul 29 2024 // In Kansas, where a prolonged drought has killed crops and eroded the soil, Gail Fuller’s farm is like an oasis. Sheep, cows and chickens graze freely on crops and vegetation in a paradisiacal mess.But if...

Vermont Farmers Take Stock After Losing Crops to Flooding Two Years in a Row

Jul 24 2024 // Exactly one year to the date of last year’s severe flooding in Vermont, Joe’s Brook Farm was flooded again by the remnants of Hurricane Beryl.This time it was worse. Workers were able to harvest some of the...

Outbreak Continues to Grow as Bird Flu Found in Oklahoma Dairy Herd

Jul 18 2024 // Oklahoma has become the 13th U.S. state to detect bird flu in dairy cows, the U.S. Department of Agriculture confirmed on Monday, though the state said the infection happened months ago.The confirmation shows the outbreak...

Islamic Insurance Helps Cover Muslim Farmers Battling Climate Change

Jul 18 2024 // On his four and a half acres of land in central Pakistan, Izhar ul-Haq approaches farming as a science. He knows the precise acidity of the soil and the exact amount of brackish groundwater his crops can tolerate if mixed...

Parametric Insurance Helps Farmers and Others Hit Hard by Extreme Weather

Jul 15 2024 // Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance.They’re still there, producing...

After Beryl, Houston Area Farmers Come Together to Face Unique Challenges

Jul 15 2024 // PORTER, Texas (AP) — Hurricanes cause trouble for everyone, but farmers have a whole other list of problems.Beryl has been no exception: Over the past week, the storm damaged crops, soaked rabbits and chickens, terrified...

Farmers Adjusters Cry Foul Over Workloads, Claims Handling in Letter to Regulators

Jul 15 2024 // Farmers Insurance officials said in June that they have spoken with employees after receiving an anonymous letter, apparently from a group of in-house adjusters, accusing the insurer of understaffing and overworking claims...

Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Jul 12 2024 // Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter...

Robots, Drones and Driverless Tractors Usher In New Age of Farming

Jul 2 2024 // Tractors plow the farm fields without drivers, guided by satellites and iPhones. Solar-powered robots tend to plants on the ground like giant outdoor Roombas, while drones fly overhead spraying the crops.It may sound like...

D.A. in California Sues Farmers, Other Home Insurers Alleging Scheme to Underinsure

Jul 1 2024 // Alameda County District Attorney Pamela Price’s Consumer Justice Bureau has sued multiple home insurance carriers in California, including Farmers Insurance Exchange, alleging they’re operating a scheme that...

BMS Australia Launches Agriculture Business

Jun 28 2024 // BMS Australia, the London-based specialist insurance and reinsurance broker, announced the launch of its Agriculture business with Ceri Martin appointed to lead the division. The establishment of this new business is part...

Farmers Adjusters Cry Foul Over Workloads, Claims Handling in Letter to Regulators

Jun 20 2024 // Farmers Insurance officials this week said they have spoken with employees after receiving an anonymous letter, apparently from a group of in-house adjusters, accusing the insurer of understaffing and overworking claims...

Officials Approve Large Solar Farm in Mississippi Despite Residents’ Objections

Jun 19 2024 // JACKSON, Miss. (AP) — What could become Mississippi’s largest solar energy project was approved by a county board this week over objections from people who live near the proposed site.Hinds County supervisors voted...