Weather insurance provider WeatherBill has changed its name to The Climate Corporation and added former U.S. Sen. Byron Dorgan of North Dakota to its board of directors.
The San Francisco-based company says the name change better reflects its mission to help people and businesses adapt to climate change.
Dorgan, a Democrat, enjoyed 30-year career in the U.S. Senate and U.S. House of Representatives, where he was a strong advocate for family farmers. He served on the Agriculture Committee in the U.S. House and on the Agriculture Subcommittee of the Senate Appropriations Committee. Dorgan is currently a senior policy advisor at the Washington, D.C., law firm Arent Fox LLP, a senior fellow at the Bipartisan Policy Center, and a visiting professor at Georgetown University.
The Climate Corporation combines Big Data, climatology and agronomics to protect the $3 trillion global agriculture industry with automated full-season weather insurance.
The company says its Total Weather Insurance complements federal crop insurance and closes the protection gap that farmers face due to government program limits.
It has seen extensive growth in 2011 and expects that trend to continue. The company anticipates a 1,000 percent increase in the number of policies sold, insurance premiums purchased and number of customers and acres of farmland protected in 2011. The Climate Corporation has tripled its employee count in the last six months alone, according to the company’s announcement.
The Climate Corporation will release Total Weather Insurance for the 2012 corn and soybean crop year on Nov. 1, 2011.
Topics USA Agribusiness
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