Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
ACE to Acquire Penn Millers
Sep 8 2011 // Penn Millers Holding Corp., which provides property and casualty insurance through its wholly owned subsidiary, Penn Millers Insurance Co., has agreed to be acquired by a subsidiary of ACE Limited for $20.50 per share in...
Update: Irene State by State Estimates
Sep 2 2011 // Catastrophe modeling company Eqecat, whose software is used by insurers to predict exposure to disasters, estimated the economic losses in the United States from Hurricane Irene at more than $10 billion. Irene was the 10th...
Tobacco, Poultry Among North Carolina Farm Losses from Irene
Aug 30 2011 // North Carolina farmers felt the financial weight of Hurricane Irene’s winds and heavy rains Sunday as inspections following the storm revealed damage to field crops, poultry and other agricultural businesses. State...
Farmers Say Crop Insurance Critical to Kansas Agriculture
Aug 29 2011 // Kansas farmers and rural leaders told the U.S. Senate committee drafting the new Farm Bill that the federal crop insurance program is critical to Kansas agriculture. Their testimony came during a field hearing in Wichita...
North Dakota Farm Groups Backing Crop Insurance, Research
Aug 22 2011 // Crop insurance, research and export promotion should be among the top priorities in the next federal farm bill, say spokesmen for North Dakota agricultural groups, who are bracing for cuts in federal...
CEO of Arkansas-based Heifer Foundation Sues Board Members, Insurer
Aug 19 2011 // The chief executive of the foundation that supports the hunger-relief organization Heifer International has sued four foundation board members, alleging that he was suspended in retaliation for raising questions about...
Overturned Greyhound in Pennsylvania Latest Northeast Bus Crash
Aug 15 2011 // A St. Louis-bound Greyhound bus that overturned on the Pennsylvania Turnpike, sending 14 people to the hospital, was the latest in a series of bus accidents in the Northeast this year. The bus from New York City stopped in...
Mississippi Counties Declared Disasters from River Flooding
Aug 12 2011 // Gov. Haley Barbour said several Mississippi counties that reported agricultural losses will be eligible for federal assistance in the aftermath of the Mississippi River flood. The U.S. Department of Agriculture reviewed...
6 Louisiana Parishes Designated Disasters
Aug 12 2011 // State agriculture officials say six Louisiana parishes have been declared disaster areas because of the flooding of the Mississippi River this past growing season. Agriculture and Forestry Commissioner Mike Strain said...
Iowa Warns Farmers on Deadly Livestock Accidents
Aug 10 2011 // Deadly livestock-related accidents in Iowa are not that unusual, so farmers need to be cautious and have an escape route, a workplace safety expert said. John Lundell of the University of Iowa Prevention Research Center...
Farmers Settles Medical Reimbursement Class Action Suit
Aug 9 2011 // Farmers Insurance announced late last week that it had agreed to settle a nationwide class action lawsuit regarding the medical bills of persons involved in car accidents. The settlement may affect Farmers policyholders,...
Dad of Girl Electrocuted on Monsanto-Farm in Ill. Files Suit
Aug 8 2011 // The father of a northwestern Illinois girl who was electrocuted while removing tassels from corn filed a wrongful death lawsuit against the company that hired his daughter. Brian Kendall’s lawsuit against St....
Hannigan, Farmers’ Longtime Leader of Independent Agency Unit, to Retire
Aug 4 2011 // After more than 42 years as a leader in the insurance industry, John J. “Jack” Hannigan, executive vice president of independent agency operations for Farmers Insurance Group has decided to retire at the end of...
Montana Reminds Farmers to Buy Hail Insurance
Jul 29 2011 // Montana’s Department of Agriculture is reminding farmers that there is a state hail insurance program, and that the deadline to purchase the state insurance is fast approaching, news outlets in the state are...
Texas Agriculture Losses Could Set New Record Amid Drought
Jul 28 2011 // Randy McGee spent $28,000 in one month pumping water onto about 500 acres in West Texas before he decided to give up irrigating 75 acres of corn and focus on other crops that stood a better chance in the drought. He...
Insurance Co. and Colorado Farmers Settle Fraud Claim
Jul 28 2011 // Two Colorado potato farmers and the Great American Insurance Company have agreed to settle a case in which they are accused of making false crop insurance claims for $131,000, the U.S. attorney in Denver, John Walsh,...
Wyoming Flooding Designated Major Disaster
Jul 25 2011 // President Barack Obama has declared a major disaster in Wyoming because of spring and summer flooding, opening the way for the federal government to help the state pay for costs incurred from damaged roads, highways and...
Farmers, CEO Honored for Work with City of Hope Hospital
Jul 21 2011 // City of Hope hospital and research center’s National Insurance Industry Council is acknowledging Farmers Insurance and its chief executive officer, Bob Woudstra, at an annual gala being held on Nov. 12, at the Ronald...
Insurance a Part of Minnesota Congressman’s Proposed Dairy Subsidy Reforms
Jul 21 2011 // When milk prices plummeted in 2009, wiping out years of savings and causing hundreds of dairy farms to go under, struggling farmers pleaded for the government to do something to help stabilize prices and inspire...
Connecticut Owners Rebuilding Barns That Collapsed Under Snow
Jul 18 2011 // Wayne Paquette stood beside a mangled pile of metal, the ribs of one of his greenhouses. Beside him, only the two gable ends of the Quackin’ Grass Nursery structure remained. Paquette’s Brooklyn, Conn.,...