All the headlines from our Agribusiness Topic Page, ordered by recency.
May 15 2014 // Capital Insurance Group named Bruce Ostrem the regional field executive for Southern California. CIG recently created the new Southern California region, consisting of Ventura, Anaheim and San Diego territoriesfield. CIG...
May 15 2014 // Wal-Mart has settled lawsuits with the families of 23 people who died from a 2011 listeria outbreak traced to cantaloupe grown at a Colorado farm and sold by the retailer, both sides said on Wednesday.Thirty-three people...
May 12 2014 // Great American Insurance Group promoted Jeffrey (Jeff) Cruey to divisional president of its specialty property and casualty agribusiness division. Cruey joined the company in 2011 as a divisional senior vice president...
May 12 2014 // Nationwide reported total operating revenue of $6.1 billion for the first three months of 2014, up 5 percent over the same period last year and steady compared to fourth quarter 2013.First quarter operating earnings were...
May 7 2014 // Officials said the late March freeze that killed roughly 30 percent of this year’s South Carolina peach crop will cause statewide losses of at least $27 million.During a stop at the headquarters of the J.W. Yonce...
May 6 2014 // Climate change is in the here and now, according to a massive report issued on Tuesday.The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for...
May 6 2014 // A lower court was right to find that farming brothers were not negligent in a 2007 fatal crash where tall corn created a blind intersection, the Nebraska Supreme Court ruled on May 2.The crash occurred on Oct. 6, 2007, in...
May 5 2014 // Capital Insurance Group (CIG), a property and casualty insurer serving the Western United States, has launched a new, online risk mitigation platform, CIG RiskAlly. The new resource is currently available for CIG...
Apr 30 2014 // ACE Limited report first quarter, 2014 net income of $734 million, compared to $953 million in Q1, 2013. The decrease came from the capital gain/loss side of the ledger. ACE posted a $207 million capital gain in Q1, 2013,...
Apr 29 2014 // Bermuda-based PartnerRe Ltd. reported a net income of $295.7 million, or $5.61 per share for the first quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $115.8 million, or $2.20...
Apr 28 2014 // Small businesses in eight New Mexico counties are eligible for federal disaster loans due to the drought.The U.S. Small Business Administration made the announcement Friday, saying the loans can help offset economic losses...
Apr 23 2014 // Wells Fargo & Co.’s Rural Community Insurance Co. is now the largest writer of multiple peril crop insurance after picking up five percentage points of market share in 2013 to surpass ACE Ltd., according to a...
Apr 23 2014 // A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance.The...
Apr 23 2014 // Mississippi growers at some point this fall will have to make a momentous, one-time decision on how best to insure their livelihood over the next five years.In arriving at that decision, they will depend in large part on...
Apr 22 2014 // Federal authorities have expanded the scope of their investigation into two brothers from North Dakota accused of intentionally destroying potatoes to collect crop insurance payments.The original indictment alleged that...
Apr 22 2014 // An El Nino will probably start as soon as July, according to the Australian government forecaster, adding to predictions for the event that can affect weather patterns worldwide and roil farm-commodity prices.All the...
Apr 17 2014 // A system of severe weather moving through multiple Midwest states in early April brought tornadoes, hail, severe winds and flooding in Illinois, Kansas, Missouri and Texas. Farmers Insurance estimates that its expected...
Apr 16 2014 // The scarcity of irrigation water in drought-stricken California has created such a demand for well drilling services that Central Valley farmer Bob Smittcamp is taking matters into his own hands.He’s buying a...
Apr 16 2014 // Craft beers have been capturing an increasing share of the domestic beer market over the past decade and this specialty niche is still growing.By 2020, America’s craft brewers will have more than 20 percent market...
Apr 8 2014 // The chance of an El Nino weather event developing in 2014 now exceeds 70 percent, Australia’s Bureau of Meteorology said on Tuesday, raising the prospect of damaging floods and droughts across the globe.Global cocoa...