Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farm Workers Sue New Mexico for Workers’ Compensation Coverage
Aug 27 2009 // Two organizations that provide services to farm workers and two injured farm workers want the New Mexico Workers’ Compensation Administration to stop excluding farm and ranch workers from coverage. HELP-New Mexico,...
Michigan’s Farmers’ Mutual Downgraded
Aug 13 2009 // Rating organization A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit rating to “bb-” from “bb” of Farmers’ Mutual Insurance Co., based in...
Two Typhoons Slam into Eastern Asia; Powerful Earthquake Strikes Japan
Aug 10 2009 // Typhoon Morakot wreaked havoc in Taiwan over the weekend, making landfall late on Friday in Taiwan’s Hualien County with sustained winds of 148 km/h (92 mph). “As of Friday, Morakot had generated only 100 mm (4...
2008 Losses Lead to Record Insurance Payments to Midwest Farmers
Aug 3 2009 // The National Crop Insurance Services (NCIS) trade group says a record $8.6 billion in crop insurance indemnity payments has been distributed to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers...
People
Aug 3 2009 // Will Weston, vice president and principal of Blanchard & Calhoun Insurance Agency in Augusta, was elected president of the Independent Insurance Agents of Georgia, Inc. (IIAG) during the association’s recent...
2008 Losses Lead to Record Insurance Payments to Midwest Farmers
Jul 22 2009 // The National Crop Insurance Services trade group says a record $8.6 billion in crop insurance indemnity payments has been made to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers in the...
Disaster Aid Sought for Oklahoma Farmers and Ranchers
Jul 22 2009 // Oklahoma Gov. Brad Henry is seeking federal disaster designation for Oklahoma farmers and ranchers hit hard by extreme weather conditions the past 10 months. Henry said he made the request in a letter to Agriculture...
Farmers Insurance Launches Fire Prevention Campaign
Jul 21 2009 // Farmers Insurance Group of Companies is joining with San Diego County Fire Chiefs Association, Office of Emergency Services and Volunteer San Diego to sponsor a public/private partnership to launch a wildfire prevention...
Asia-Pacific Nations Decry First-world Protectionist Policies
Jul 21 2009 // Some Asia-Pacific nations criticized U.S. and other developed world protectionism on Tuesday at a meeting aimed at spurring a global trade pact and revitalizing the global economy. Thai Commerce Minister Pornthiva Nakasai,...
Wells Fargo Names Norick Practice Leader – Special Risks National Equine
Jul 10 2009 // Wells Fargo Insurance Services has named Joseph Norick, based in Sherman Oaks, Calif., vice president and practice leader for Wells Fargo Special Risks’ National Equine Group. He is responsible for operations,...
S&P Lowers AIG’s Personal Lines Subs, 21st Century Ratings
Jul 9 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on the personal lines operating insurance units of 21st Century Insurance Group and American International...
El Nino Weather Pattern Increasing Says Australian Weather Bureau
Jul 8 2009 // The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are...
Farmers Insurance Offers Green Homeowners Product in Texas
Jul 6 2009 // Los Angeles-based The Farmers Insurance Group of Companies is offering a new eco-friendly product for its Texas customers wishing to ‘go green”. Called “Eco-Rebuild”, the new endorsement will...
Farmers Acquisition of 21st Century Insurance Finalized
Jul 2 2009 // Los Angeles-based The Farmers Insurance Group of Companies has completed the acquisition of 100 percent of AIG’s U.S. Personal Auto Group, which includes 21st Century Insurance. In addition to 21st Century Insurance,...
AIG Finalizes Sale of U.S. Personal Auto Insurance Units to Farmers
Jul 1 2009 // American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary...
Index Insurance Seen Helping Poor Farmers Cope with Global Warming
Jun 26 2009 // A new form of insurance that covers risks such as droughts or floods could help small farmers in developing countries cope with worsening impacts of global warming, a U.N. backed report said on Wednesday. Under...
North Dakota Wants Change to Forage Insurance
Jun 24 2009 // North Dakota’s top agriculture official is asking the federal government to consider adding another wrinkle to a new insurance program that pays ranchers based on rainfall or the greenness of their pastures. The Risk...
Groups Lobby for Wisconsin Driver’s Card for Immigrants
Jun 24 2009 // Allowing illegal immigrants to qualify for special driver’s cards would make the roads safer, reduce insurance rates and generate much-needed revenue for state government, supporters of the proposal said. Supporters...
Farmers Insurance Bringing 1,600 New Jobs to Michigan
Jun 16 2009 // Farmers Insurance Group of Companies will build two new buildings and add an estimated 1,600 new jobs at its location in Caledonia, Michigan. The company said that the development is attributable in part to an attractive...
Nebraska Officials Propose Grain-Insurance Fund; Growers Skeptical
Jun 12 2009 // Nebraska officials are moving forward with a plan to establish a multimillion-dollar insurance fund to protect farmers when grain warehouses go broke, following the financial collapse of an elevator last year. But major...
