agricultural insurance News

Deep Freeze Damages California Citrus Crop

A weeklong blast of sub-freezing temperatures across California has damaged the state’s $2 billion citrus crop, but it will take several weeks before the extent of the loss is quantified, agricultural industry officials said on Wednesday. The National Weather Service …

Washington Apple Crop Tops $2B in Sales

An apple a day may not keep the doctor away, but it sure lines the pockets of Washington’s apple growers. Apples were worth more than $2 billion to Washington farmers in 2012, the first crop in state history to cross …

Blizzard-Lost Plains Cattle Will Hurt Area Economy

An early October blizzard that killed tens of thousands of cattle in western South Dakota will have a staggering impact on the regional economy, the head of the state Stockgrower’s Association said. The direct economic impact of the cattle loses …

High Crop Prices Turn More Midwest Grassland into Cropland

When cattle producer Jason Zahn aims his pickup across the gravel roads of North Dakota, he doesn’t see as many native grasses dancing along the prairie. Instead, he sees more and more black. He sees tilled dirt or burnt fields …

All Risks Launches Workers Comp Product for Agriculture Risks

The recently formed Workers’ Compensation Specialty division of All Risks, Ltd., has launched its second specialty class, WC for agriculture exposures. This unit will offer workers’ compensation through two carriers for a variety of agriculture risks, focusing on cotton gin …

Louisiana’s Ag Economy Hits Record $11.4B in 2012

The LSU AgCenter says high prices and record yields for corn and soybeans drove Louisiana’s agricultural economy to a record high of $11.4 billion last year. That’s about 6.5 percent more than the 2011 total of $10.7 billion and $500 …

Willis Launches Insurance Program for Dairy Farm Industry

Willis Programs, a specialty business unit of Willis Group Holdings, the global insurance broker, has introduced a customized insurance product for dairy operations. DairyProtector is designed for dairy farms with cows producing raw milk for bulk sales. The program delivers …

2012 North Dakota Crops Valued at Nearly $11B

The value of crops produced in North Dakota last year totaled almost $11 billion, nearly doubling the $6 billion value of crops produced during flood-plagued 2011. The federal Agriculture Department computes the value by multiplying the average price during the …

Crop Insurance Tops Garamendi’s Ag Committee Goals

As the newest member of the House Agriculture Committee Congressman John Garamendi says he plans to put crop insurance, agricultural research, conservation programs, food security and the marketing of regional crops worldwide at the top of his list of priorities. …

Study: Agriculture Plays Important Role in Utah Economy

Agriculture continues to play an important role in Utah’s economy, according to a Utah State University study. The study found that when taking into account related industries such as food processing, agriculture contributed $17.5 billion to the state’s economy in …