Latest Agribusiness Headlines

All the headlines from our Agribusiness Topic Page, ordered by recency.

2010 Education & Training Directory

Aug 16 2010 // Insurance Journal is pleased to publish the 2010 Education and Training Directory. This exclusive resource directory has been designed to help independent agents and brokers find educational and training opportunities to...

Farmers Moves Simi Valley Employees to Woodland Hills

Aug 12 2010 // Los Angeles Farmers Insurance, which has called Southern California home since its founding in 1928, has announced it will move employees from its Simi Valley office to a more modern facility in nearby Woodland Hills in...

Jury Awards $940K in Arkansas Genetically Altered Rice Lawsuit

Aug 3 2010 // The German conglomerate Bayer CropScience has been ordered to pay six Arkansas rice farmers $940,000 for allowing genetically altered rice into the commercial market. A jury in Desha County, Ark., found the farmers...

Oakland Large-Scale Pot Farms Will Require $2M in Liability Insurance

Jul 29 2010 // The Oakland City Council has given final approval to a plan that makes Oakland the first city in the country to authorize large-scale industrial pot cultivation. The city intends to license four production plants where...

Farmers Reduces Calif. Auto Rates 14.5%

Jul 28 2010 // California Insurance Commissioner Poizner announced that Farmers Insurance customers are eligible to receive an average rate reduction of 14.5 percent and a one time 10 percent insurance premium rebate, worth a combined...

Tornado Touches Down in NE Corner of Montana, Kills 2

Jul 28 2010 // A rare tornado tore through a farmhouse and killed two people inside, leaving nothing but the house’s foundation and a few twisted vehicles as it swept through Montana’s remote and sparsely populated...

Texas Insurance Agencies Enjoy Growth Through ‘Niche Power’

Jul 26 2010 // Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic...

California Farms Take Risks When Going Green

Jul 23 2010 // California dairy farmers might soon start converting their cow waste to fuel, but in doing so, they may be taking on more insurance risks — risks that their insurance agents might not be aware of, said James D....

4 ‘Ace’ Agencies, 4 Success Stories

Jul 19 2010 // Despite Soft Market, Firms Have Managed to Grow They’re all different – one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of...

Crop Insurers Reluctantly Agree to $600 Million a Year Subsidy Cut

Jul 15 2010 // All 16 private insurance companies that participate in a federal crop insurance program have signed off on the new federal reinsurance agreement that cuts the subsidies they get by $600 million a year for the next 10...

Hayride Death Stirs Debate Over Kentucky’s Farm Safety Laws

Jul 12 2010 // The death of a woman thrown from a hay wagon during a ride at a county fair has opened a debate over whether there should be improvements to Kentucky laws on farm equipment safety. Dale Dobson, head of the Farm Safety...

Farmers Introduces Institutional Business Owners Policy Through Texas Agents

Jul 7 2010 // Farmers Group of Cos. has introduced an institutional business owners policy (iBOP) for institutions across America, which will be offered by Farmers agents in Texas. iBOP is designed to serve a spectrum of religious...

Crop Insurer NAU Sold to QBE

Jul 2 2010 // Lightyear Capital LLC, a New York-based private equity firm, has completed the sale of crop insurer The NAU Group to QBE Holdings, Inc. NAU is now a wholly-owned subsidiary of QBE. As consideration for the merger, QBE made...

Arizona Fire Burns 10,000 Acres

Jun 22 2010 // The wildfire burning near Flagstaff, Ariz., has claimed more than 10,000 acres and is only 10 percent contained three days after it started, the National Interagency Coordination Center has reported. NICC’s latest...

Zangwill-Infantino Forms Insight Insurance Consulting

Jun 17 2010 // Laurie Zangwill-Infantino, former president of the Insurance Skills Center (ISC), has formed a new consulting firm, Insight Insurance Consulting. Insight Insurance Consulting will focus on professional development for...

Farmers & Mechanics Offers Service Line Homeowners Coverage

Jun 14 2010 // Farmers & Mechanics Insurance in West Virginia is now offering a new Service Line coverage, which pays to repair underground outdoor water, sewer and electrical service lines that fail because of perils that would not...

Arkansas Class Action Suit Against Farmers Union Can Proceed

Jun 7 2010 // The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners...

Midwest Farmers Say Federal Risk Management Program Too Complex

May 19 2010 // Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex. The Average Crop Revenue Election program...

Missouri to Add Fees, Require Liability Insurance for Wild-Animal Raisers

May 17 2010 // Missouri lawmakers have approved new regulations, including fees and an insurance requirement, for people who raise wild animals such as lions, bears and tigers. Legislation sent to the governor will require anyone...

May 17 2010 // 26.4% The U.S. Department of Agriculture said crop insurance companies posted profits of 26.4 percent last year, and the federal government wants to reduce its spending on crop insurance. Participating farmers pay premiums...