All the headlines from our Agribusiness Topic Page, ordered by recency.
Apr 2 2015 // California Gov. Jerry Brown ordered officials Wednesday to impose statewide mandatory water restrictions for the first time in history as surveyors found the lowest snow level in the Sierra Nevada snowpack in 65 years of...
Apr 1 2015 // Farmers Mutual Hail Insurance Company of Iowa (FMH) announced its acquisition of Illinois-based John Deere Insurance Company and John Deere Risk Protection Inc. is completeHeadquartered in West Des Moines, Iowa, FMH has...
Mar 23 2015 // Fireman’s Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department of...
Mar 23 2015 // A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit ratings to “bbb-” from “bbb” of South Carolina Farm Bureau Mutual Insurance Co. and Palmetto...
Mar 23 2015 // On the heels of a $325.5 million dollar refund agreement with the state’s largest homeowners insurer, State Farm Lloyds, Texas Department of Insurance Commissioner David Mattax filed a revised settlement with the...
Mar 17 2015 // County fairs across Illinois are reassessing their finances as the state reduces its support in a cost-saving measure.A recent letter from Republican Gov. Bruce Rauner’s administration instructed county fairs to stop...
Mar 13 2015 // State lawmakers are trying to figure out how to enforce the terms of a settlement reached with the nation’s largest tobacco companies.What’s at stake: About $100 million in state revenue every year that pays...
Mar 11 2015 // Two North Dakota brothers have been sentenced to prison time and ordered to pay back more than $900,000 for intentionally destroying potatoes to collect federal farm insurance payments.In separate hearings, U.S. District...
Mar 11 2015 // Farmers Insurance Group received nearly $6 million in free media exposure for putting its name on a downtown Los Angeles stadium that will never be built.Anschutz Entertainment Group this week announced that it was no...
Mar 11 2015 // ACE Group appointed Scott Arnold as deputy division president of Rain and Hail, a division of ACE Agriculture based in Johnston, Iowa. Arnold was previously executive vice president of Rain and Hail field operations, where...
Mar 11 2015 // A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit ratings to “bbb-” from “bbb” of South Carolina Farm Bureau Mutual Insurance Co. and Palmetto...
Mar 10 2015 // On the heels of a recent multi-million dollar refund agreement with the state’s largest homeowners insurer, Texas Department of Insurance Commissioner David Mattax announced a revised settlement with the second...
Mar 4 2015 // Crop insurance price guarantees for U.S. corn, soybeans and spring wheat in 2015 will fall 10 percent or more based on futures settlement prices for February, grain analysts said on Friday.The U.S. Department of...
Mar 4 2015 // A deadline is approaching for West Virginia farmers to buy insurance for crops planted in the spring. March 15 is the closing date to either buy crop insurance or change an existing policy. The U.S. Department of...
Mar 2 2015 // The federal crop insurance program would be extended to growers of specialty crops, fruits and vegetables as well as other farmers who have not had access to policies under new rules proposed by the U.S. Department of...
Mar 2 2015 // ACE Group has introduced a new agriculture premises pollution liability coverage that provides limited pollution liability protection in conjunction with ACE’s Agribusiness Commercial general liability policy. The...
Feb 25 2015 // The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance regulations Cayman enacted in January to provide risk management alternatives for insurers incorporated...
Feb 23 2015 // Commodities producers were spared the full wrath of a powerful cyclone that smashed into the east coast of Australia packing winds up to 285 kph (175 mph), but thousands of coastal residents on Monday faced a third day...
Feb 23 2015 // When you think of hazardous jobs, what comes to mind? First responders, military professionals, even NFL football players are typically associated with some of the most dangerous jobs on earth. But what about farmers and...
Feb 11 2015 // Los Angeles, Calif.-based Farmers Insurance Exchange has reached a settlement in a lawsuit involving alleged billing fraud by two radiological companies and their owners. The complaint alleges that two radiological...