agricultural insurance News

Vietnam Culls More Than 2.5M Pigs to Contain Deadly African Swine Fever: Officials

Vietnam has culled more than 2.5 million pigs to contain the spread of an African swine fever outbreak that is in danger of infecting every province of the country, an agriculture ministry official said on Tuesday. The virus, which is …

S. Korea Scrambles to Stop Spread of African Swine Fever After N. Korea Outbreak

South Korea said Friday that it is scrambling to prevent the spread of the highly contagious African swine fever on its pig industry after North Korea confirmed an outbreak at a farm near its border with China. South Korea’s agriculture …

MS Amlin Launches Digital Trading Platform for Agricultural Motor Insurance

MS Amlin announced an upgrade of of a digital trading solution to upgrade its “Countrywise insurance” service, which provides agricultural motor insurance for brokers and their clients in Great Britain and Northern Ireland. Accessible 24/7 from any device with an …

Losses for Washington from Drought Estimated at $336M

Washington farmers have lost at least $336 million due to the ongoing drought, a figure that is likely to climb as more information becomes available. The Capital Press reported that a state Department of Agriculture report estimated dollar losses for …

Ironshore Acquires Novae Group’s Agricultural Team and Renewal Portfolio

Bermuda-based Ironshore International announced the acquisition of the reinsurance renewal rights to Novae Group’s global agriculture reinsurance portfolio. The transfer is conditional on Lloyd’s approval and is expected to be completed in November 2015. Novae’s team of five agriculture reinsurance …

Sierra Specialty Launches New Agri-Services Insurance Program

Sierra Specialty has launched a new program that provides general liability & professional liability for agri-services, including agricultural crop spraying; advisors & farm managers; pest & weed applicators & advisors; farm labor contractors; farm machinery operators; and landscape contractors & …

HSB Launches Enhanced Farm Equipment, Machinery Breakdown Coverage

The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched a new farm equipment and machinery breakdown coverage with expanded insurance for mobile implements and the precision electronics that control them, among other enhancements. HSB’s …

Crop Of Climate Corps May Bloom in Ag Insurance Landscape

You can still shake your climate moneymaker. Climate change certainly didn’t carry the day in the November elections. It shouldn’t be news to anyone that the topic ushered in few if any victories for those who had it high on …

UFG Launches New Equipment Sales, Rental Product

United Fire Group (UFG) has launched a new equipment sales and rental (ESR) product for agricultural; lawn and garden; industrial, construction or material handling equipment dealers. Using an AAIS product as its foundation, UFG developed several coverage enhancements, including: GAP …

California Almond Farmers Face Tough Choices Amid Drought

With California’s agricultural heartland entrenched in drought, almond farmers are letting orchards dry up and in some cases making the tough call to have their trees torn out of the ground, leaving behind empty fields. In the California’s Central Valley, …