Texas agriculture producers lost $7.62 billion to the state’s 2011 drought, which experts said makes it the costliest drought in the state’s history and possibly the most expensive drought ever suffered by any state. “No one alive has seen single-year …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and debt ratings of …
Motorists who strike livestock on Nebraska roads could have a tougher time winning negligence lawsuits against farmers and ranchers, under a bill set for a legislative hearing. A proposal by Ogallala Sen. Ken Schilz would require motorists to show evidence …
Salt Lake City, Utah-based The Buckner Co. on Monday announced it is expanding operations Idaho with the acquisition of Leonardson Insurance in Rexburg, Idaho. The Buckner Co.’s Rexburg office, at 1109 Summers Drive, will consist of two account executives, Jason …
Facing pressure from large dairies and feedlots desperate for workers, Kansas Agriculture Secretary Dale Rodman is seeking a federal waiver that would allow companies to hire illegal immigrants. Rodman has met several times with officials at the U.S. Department of …
State agriculture officials say a destructive citrus plant disease that has wiped out crops in Florida has been confirmed in Texas. The Texas Department of Agriculture on Jan. 18 announced that a section of Hidalgo County has been placed under …
The Climate Corp. announced the official opening of its newest office, this one in Seattle, Wash. The Climate Corp. combines data climatology and agronomy to protect the $3 trillion global agriculture industry with automated weather insurance products. The Seattle location …
Zurich has reached an agreement with Aran Insurance Services Group to provide package, umbrella and auto coverage for agribusiness operations through MiniCo Insurance Agency. The international carrier will provide coverage through Aran’s MiniCo Agri Insurance subsidiary for operations including commercial …
Randy McGee spent $28,000 in one month pumping water onto about 500 acres in West Texas before he decided to give up irrigating 75 acres of corn and focus on other crops that stood a better chance in the drought. …
International reinsurance broker Guy Carpenter & Co. announced that it will receive a $1.0 million grant from the International Finance Corporation (IFC), a member of the World Bank Group. The grant will be used to help “develop a market for …
