farm insurance News

Thailand Intensifies Efforts to Stop ‘Pig Ebola’ from Crossing Border

Thailand, one of Asia’s top pork producers, is intensifying efforts to hold off a lethal pig virus that’s causing havoc as it spreads across the region. African swine fever — a disease that kills nearly all the pigs it infects …

Arthur J. Gallagher Acquires Australian Insurance Broker AgriRisk Services

Arthur J. Gallagher & Co. announced the acquisition of Australian insurance broker AgriRisk Services Pty Ltd. Terms of the transaction were not disclosed. Headquartered in North Sydney, New South Wales with offices in Tamworth, NSW and Toowoomba, Queensland, AgriRisk Services …

Missouri’s Nichols Insurance Joins Valley Insurance Agency Alliance

Nichols Insurance in Belle, Missouri, recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of over 120 independent insurance agencies in Missouri and Illinois. Nichols Insurance was founded in 2019 by owner Cody Nichols, who has a strong cattle …

Minnesota Governor: Collapsing Dairy Barns Threaten State’s Economy

Minnesota Gov. Tim Walz says dairy barns collapsing due to heavy snowfall are threatening the state’s economy. Walz and Sen. Tina Smith met with dairy farmers near Altura in southeastern Minnesota on Saturday. Dozens of barn roofs have collapsed in …

Hub International Acquires Manitoba-Based Desilets Insurance Brokers

Hub International Ltd., the Chicago-based insurance brokerage, announced it has acquired the shares of Desilets Insurance Brokers Ltd. Terms of the acquisition were not disclosed. Based in Elie, Manitoba, Desilets offers personal and commercial insurance lines and specializes in providing …

ACE’s Souza Named Farm, Agribusiness Manager at AAIS

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 …

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 …

XL Acquires Global Ag Insurance to Expand Crop Coverage

XL Reinsurance America Inc., a subsidiary of XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, has acquired Global Ag Insurance Services LLC to add sales of coverage to farmers in the U.S. West. Global Ag provides …

Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million

Monsanto Co., the world’s largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. Closely held Climate Corp. was founded in 2006 …