August 21, 2023
Oakbridge Insurance Agency, one of the larger independent agencies in the country, has expanded again with the acquisition of the Cole Agency in Montezuma, Georgia. Cole has specialized in poultry insurance since 1989 but also offers coverage plans for others …
May 26, 2021
HSB, part of Munich Re. has launched HSB Precision Ag insurance, a suite of coverages for evolving farm data risks, technology and state-of-the-art equipment. Designed for large commercial enterprises and smaller family farms, the coverage combines equipment breakdown and cyber …
March 8, 2021
Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture industry. The program will target a wide …
December 29, 2020
Sompo International Holdings Ltd. (SIH), a Bermuda-based specialty provider of property/casualty insurance and reinsurance, has acquired Lenexa, Kan.-based Diversified Crop Insurance Services (DCIS), a subsidiary of CGB Enterprises Inc. (CGB). DCIS and ARMtech, Sompo International’s existing U.S. federally sponsored multi-peril …
May 31, 2017
Willis Programs has partnered with Allianz Global Corporate & Specialty (AGCS) on coverage for its DairyProtector and FeedLotGuard programs. Allianz, a property casualty insurance carrier in the agribusiness industry, will offer an A.M. Best ‘A+’ rated carrier backing to the …
December 21, 2016
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market knowledge and patience. Providing a heads-up for such …
May 24, 2016
Chubb Agribusiness has added product withdrawal coverage to its package policy for businesses that grow, manufacture, and distribute consumable products. The new coverage insures the expenses as a result of a withdrawal initiated by the insured or a governmental authority. …
March 31, 2016
Officials say a wildfire that burned hundreds of square miles of rural land in Oklahoma and Kansas this week destroyed at least 41 structures in both states. Oklahoma Forestry Services spokeswoman Hannah Anderson says authorities in both states determined 16 …
November 19, 2015
Robin Souza, a veteran agricultural insurance, is the new product manager for farm and agribusiness programs for the American Association of Insurance Services (AAIS). Souza comes to AAIS from ACE Agribusiness. She previously served in agricultural insurance underwriting, loss control …