Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Expanding into Iowa, Keystone Insurers Group Signs Kingsgate Insurance
Jan 15 2020 // Keystone Insurers Group (Keystone) has expanded into Iowa with the addition of pioneer partner Kingsgate Insurance of Fort Dodge to the agency partnership organization. Kingsgate Insurance was founded in 1990 in Fort...
Oklahoma Bill Would Create Entity Focused on Natural Disaster, Hazard Mitigation
Jan 13 2020 // Legislation filed in Oklahoma would establish an organizational framework for addressing mitigation of natural disasters in that state. House Bill 2776, The Oklahoma Hazard Mitigation Assessment District Act, provides the...
MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting
Jan 13 2020 // MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a...
Missouri City Sues Dairy, Alleging River Contamination
Jan 8 2020 // A southern Missouri city alleges in a lawsuit that a Dairy Farmers of America plant is regularly releasing untreated wastewater into a river. Cabool is seeking $1.2 million in reimbursement, claiming in the suit that it...
Texas Governor Warns of 10K per Minute Attempted Cyber Attacks from Iran
Jan 8 2020 // Gov. Greg Abbott is warning Texans to be “particularly vigilant” regarding potential cyber terrorism from Iran, suggesting that heightened tensions with the country have caused an increase in attempted attacks...
Farmers Expands Program, Now Insuring Uber Drivers in 14 States and D.C.
Jan 7 2020 // Farmers Insurance has expanded its relationship with Uber by providing commercial automobile insurance to its ridesharing drivers in 12 additional states and the District of Columbia. In addition to the District of...
Better Flood Protection Needed in Missouri, Governor’s Advisory Group Says
Jan 3 2020 // Missouri’s levees need to be strengthened and repaired, especially in rural areas hit hard by prolonged flooding in 2019, according to an advisory group appointed by Gov. Mike Parson. St. Louis Public Radio reported...
Airbnb Insurance Leader Langone Becomes RIMS President for 2020
Jan 2 2020 // The risk management society, RIMS, announced that Laura Langone, head of Insurance Operations at Airbnb, Inc., will lead the association as president for the 2020 term. As president, Langone is succeeding Gloria Brosius,...
Germany Aims to Thwart African Swine Fever Edging Closer to Borders
Dec 31 2019 // German hunting dogs are being trained to sniff out dead wild boar, authorities are stockpiling electric fences along the eastern frontier and the government in Berlin is urging drivers not to toss ham-sandwich scraps out...
Kentucky Farmer Pleads Guilty in Tobacco Crop Insurance Fraud Scheme
Dec 31 2019 // Another Central Kentucky farmer has pleaded guilty in a crop insurance fraud scheme that a federal prosecutor has called “pervasive and severe” in that region. Daniel Arvin pleaded guilty on Dec. 19 in federal...
Typhoon Phanfone Kills at Least 41 in Philippines, Destroys Homes, Crops
Dec 30 2019 // Typhoon Phanfone killed at least 41 people when it slammed into the central Philippines on Christmas Eve, with dozens still injured or missing, according to the agency which oversees disaster response. The 21st cyclone to...
Agriculture, Aviation Woes Cited for Lag in Personal Income Growth in Kansas
Dec 27 2019 // Personal income growth in Kansas is below the national average largely because of troubles in agriculture. Kansas farmers face an expanding drought and low commodity prices, though a break in an ongoing tariff dispute may...
USDA Designates Some Louisiana Parishes as Natural Disaster Areas
Dec 16 2019 // Agriculture producers in some Louisiana parishes now may be eligible for assistance from the federal government due to losses from Hurricane Barry, the state’s agriculture commissioner reported. Louisiana Agriculture...
U.S.- China Phase One Trade Pact Promises Improved IP Protections, Insurance Markets Access
Dec 15 2019 // The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods...
Ratings of Kansas’ Farmers Alliance Mutual Insurance, Subsidiaries Upgraded
Dec 13 2019 // AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of McPherson, Kansas-based Farmers Alliance Mutual...
Judge Orders South Carolina Authorities to Protect Farmer’s Seized Hemp Crop
Dec 12 2019 // A judge is allowing a South Carolina hemp farmer arrested after authorities said he grew the crop in unregistered fields to harvest some of his crop and put the money in a trust as he awaits trial. The State Law...
Insurtech, Data Help Canadian Farmers Cut Lending, Insurance Costs
Dec 12 2019 // Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs. Collecting...
Wyoming’s Governor is Seeking Disaster Help for Beet Farmers
Dec 12 2019 // Wyoming Gov. Mark Gordon is asking for a federal disaster declaration to help farmers affected by cold weather in October. Two cold spells with warm weather in between harmed sugar beet crops in northern and southeastern...
Southeast Insurance Chiefs Farmer, Altmaier Elected to Top NAIC Posts
Dec 11 2019 // South Carolina Department of Insurance Director Ray Farmer and Florida Insurance Commissioner David Altmaier have been elected to the positions of president and president-elect, respectively, of the NAIC (National...
Extreme Weather in Greece Brought $1.1 Billion in Crop Damages Since 2011
Nov 25 2019 // In the hills of northern Greece, peach farmer Makis Antoniadis is sweating in unseasonably warm November weather as he toils with his most recent harvest. It might be one of his last. Already grappling with the effects of...
