Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Minor Quake Shakes Remote California Farm Country
Jul 8 2016 // A minor earthquake has shaken farmland in California’s Imperial County south of the Salton Sea. The U.S. Geological Survey says the 5:55 a.m. Thursday quake had a preliminary magnitude of 3.7 and was centered four...
Maine Farm Owner Sued by Family of Hayride Accident Victim
Jul 8 2016 // The family of a 17-year-old Maine girl who was killed in a Halloween-themed hayride accident is suing the owner of the farm where the crash occurred. The lawsuit against Harvest Hill Farms owner Peter Buldoc follows the...
Global Flood Events Rack Up $5B in Economic Costs in June: Aon Report
Jul 8 2016 // Major floods across the globe during June – topped by events in China and the U.S. – are expected to bring economic costs in excess of US$5.0 billion, according to Impact Forecasting, Aon Benfield’s catastrophe...
South Carolina Farmers Now Able to Apply for $40M in Aid
Jul 5 2016 // When extension agent Charles Davis visits farms, he gets one question over and over again – when will South Carolina farmers start getting aid for crops damaged in last year’s floods? Finally, Davis and his fellow...
Lawn Equipment, Farm Implements Targeted by Thieves in Michigan
Jun 30 2016 // Authorities say commercial lawn equipment, farm implements and construction equipment are being targeted by thieves in Michigan. State police Detective Sgt. Todd Petersen tells the Kalamazoo Gazette that dealerships, with...
Allianz Names Walter West Zone Farm And Ranch Team Lead
Jun 24 2016 // Allianz Global Corporate & Specialty has named Karen Walter team lead for the West zone farm and ranch division. Walter will report through to both Craig Cendak, West zone mid corporation leader, and Atul Kulkarni,...
Despite Record Rainfall Last Fall, Drought Creeps Into Parts of South Carolina
Jun 24 2016 // People might not know it from the lush fields and full lakes in most of South Carolina, but drought is creeping into the northwest corner of the state. A June heat wave combined with weeks of dry weather has a moderate...
New U.S. Rules Seen ‘Major Step’ for Drone Industry; Rules on Deliveries Still to Come
Jun 22 2016 // The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial...
Integro Acquires Equine Broker Jerry Parks Insurance Group in Florida
Jun 22 2016 // International broker and risk management firm Integro Insurance Brokers has added to its livestock coverage capabilities with the acquisition of Ocala, Florida-based corporations Jerry Parks Equine Insurance, Inc. and...
QBE North America Names Nationwide’s Bleich as VP for Agriculture Underwriting
Jun 21 2016 // QBE North America said that Nathan Bleich has joined the organization as vice president, Commercial Agriculture underwriting. Bleich joins QBE from Nationwide where he spent the past 12 years working in the agribusiness...
North Dakota Fines Crop Insurance Agency, Orders Credits, Restitution
Jun 20 2016 // North Dakota Insurance Commissioner Adam Hamm has fined an insurance firm that sold crop insurance in that state and ordered restitution to farmers. The North Dakota Insurance Department announced the multi-layered...
Specialized Environmental Coverage Tools a Must for Today’s Farm Operations
Jun 20 2016 // Recent court and regulatory actions across the country with regard to environmental pollution exclusions in insurance policies have shown the need among farm owners and other agricultural risks for true environmental...
Farmers Insurance Expands Rideshare Insurance Coverage to 3 States
Jun 14 2016 // Farmers Insurance has expanded its Rideshare Insurance Coverage to drivers in Idaho, Maryland, and North Dakota. Farmers worked with representatives of the states’ insurance departments, legislators and leaders of...
Outlook for Farmers Alliance Mutual Insurance Revised to Negative
Jun 14 2016 // A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of C++ (Marginal) and the issuer credit rating of “b” of Farmers Alliance Mutual Insurance Co. (Farmers...
North Dakota Fines Crop Insurance Agency, Orders Credits to Farmers
Jun 13 2016 // North Dakota Insurance Commissioner Adam Hamm has fined an insurance firm that sold crop insurance in that state and ordered restitution to farmers. The North Dakota Insurance Department announced the multi-layered...
Ohio’s Farmers National Bank Acquires Bowers Insurance
Jun 6 2016 // The Farmers National Bank of Canfield (Farmers), based in Canfield, Ohio, has acquired the Bowers Insurance Agency Inc. (Bowers Group). The transaction closed on June 1, 2016 and is expected to be accretive to earnings...
Today’s Farms Need Specialized Environmental Coverage
Jun 6 2016 // Recent court and regulatory actions across the country with regard to environmental pollution exclusions in insurance policies have shown the need among farm owners and other agricultural risks for true environmental...
South Carolina Commissioner Farmer: Lessons from Historic Floods
Jun 6 2016 // South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina...
South Carolina Lawmakers Override Haley’s $40M Farm Aid Veto
Jun 6 2016 // South Carolina lawmakers in both the House and Senate voted to override Gov. Nikki Haley’s veto of a bill offering $40 million in state aid to farmers who lost their crops in last year’s massive floods. The...
Sompo Launches Model to Evaluate Wind Farm Risks
May 31 2016 // The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which provides key pricing and cat modeling data for insuring the construction and operation of wind...
