Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Arkansas Economy Less Affected by Recession
Mar 21 2011 // Arkansas’ economy has been less affected by the national recession than most other states because of its concentration on agricultural industries, according to a report released March 18. The report, issued by the...
Food Bells? Ringing the Risks of Food Prices
Mar 21 2011 // Food prices continue to ride a rollercoaster. In the first quarter of 2011 the food price index of the United Nations’ Food and Agriculture Organization set new records in real and nominal terms. While food prices...
Russell Consulting Group Makes Two Appointments
Mar 9 2011 // Russell Consulting Group, a Midwest-based risk management and financial planning firm, and its majority owner Country Hedging Inc., commodity brokerage subsidiary of leading grains, energy and foods company CHS Inc., has...
UN’s FAO Notes Climate Change, Biofuels Threaten Food Security
Mar 7 2011 // Climate change bringing floods and drought, growing biofuel demand and national policies to protect domestic markets could boost global food prices and threaten long-term food security, the United Nations said. High and...
Midwest Prepares for Massive Spring Flooding
Mar 7 2011 // One of the snowiest winters on record for the Midwest and northern U.S. Plains have crop watchers worried about a repeat of the massive flooding that hit one of the world’s top grain producing regions in...
Climate Change to Drive up Food Prices
Mar 2 2011 // Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more frequent, a climate-change advisor to the Australian government said on Wednesday. Ross Garnaut...
Best Affirms Endurance Specialty and Subs ‘A’ Ratings
Feb 25 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed...
Demand for Agricultural Insurance Expected to Grow
Feb 25 2011 // The agricultural insurance market is facing rising demand along with pressures to adapt to changes in farming and to become more efficient in delivering products. Increasing world demand for food is driving up commodity...
Demand for Agricultural Insurance Coverages Expected to Grow
Feb 21 2011 // Increasing world demand for food is driving up commodity prices for corn, soybeans, wheat and other food staples. At the same time, the U.S. farming economy is strong, the federal crop insurance program is being changed,...
A New Playing Field
Feb 21 2011 // The Farmers Insurance Exchange agreed to pay $700 million for the naming rights to the proposed downtown Los Angeles football stadium and event center, a deal backers say is a big step towards attracting an NFL team to the...
Iowa Supreme Court: Agent not Required to Suggest Unrequested Coverage
Feb 21 2011 // The Iowa Supreme Court sided with an insurance agent in a case involving whether the agent has a duty to advise clients as to the need for insurance coverage about which the clients had not inquired. In considering an...
Record Number of Grain Bin Accidents in 2010
Feb 17 2011 // Clumps of moldy corn crashed down around Lael Steinhoff, burying him above his waist for more than three hours before rescue workers could free him from a grain bin on his western Iowa farm. Steinhoff, 61, was one of the...
Endurance Reports $111.2 Million Q4 Net Income; $364.7 Full Year
Feb 14 2011 // Bermuda-based Endurance Specialty Holdings reported net income of $111.2 million and $2.09 per diluted common share for the fourth quarter of 2010, compared to net income of $154.8 million and $2.56 per diluted common...
Correction: Zurich BOP Off 13% for 2010 at $4.9 Billion
Feb 11 2011 // In the Feb. 10, 2011, article regarding Zurich Financial Services’ results for the year ended Dec. 31, 2010, Insurance Journal incorrectly stated information regarding the Farmers Exchanges, which are managed but not...
Iowa Supreme Court: Agent not Required to Suggest Unrequested Coverage
Feb 8 2011 // The Iowa Supreme Court has sided with an insurance agent in a case involving whether or not the agent had a duty to advise his clients as to the need for insurance coverage about which the clients had not inquired. In...
Farmers Watch Harsh Winter Crush Their Livelihoods
Feb 7 2011 // For Northeastern farmers long used to coping with all sorts of cold-weather problems, this winter presents a new one: snow and ice that’s bringing down outbuildings, requiring costly repairs, killing livestock and...
United States Proposes to Open Roads to Mexican Trucks
Feb 7 2011 // The Obama administration on Jan. 6, 2011, proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling. The...
Abram Interstate Acquires Align General’s Equine Business
Feb 7 2011 // Rocklin, Calif.-based Abram Interstate Insurance Services, Inc. has announced that it has purchased an equine and farmowners book of business from Align General Insurance Agency Inc., of San Diego. All servicing of new and...
Aon Benfield Monthly Cat Report Highlights Australian Floods, Brazil Landslides
Feb 4 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during...
Agriculture, Energy Help Bolster Mid-America States Economy
Feb 2 2011 // The economy is gaining strength in nine Midwest and Plains states because global growth and continued low interest rates have provided a boost to agriculture and energy businesses, according to a new survey released Feb....
