farmers News

Zurich Names Dailey to Executive Committee; Farmers Group CEO

Zurich Financial Services Group announced that Jeff Dailey (54, U.S. citizen) has been appointed as a member of the Group Executive Committee effective January 1, 2012. He is currently President and COO of Farmers Group, Inc., and will become its …

Federal Ag Secretary: Farm Bill Must Improve Disaster Aid

Lawmakers working on the next Farm Bill need to find an effective way to provide aid to farmers affected by natural disasters, increase funding for agricultural research and continue important conservation programs, according to U.S. Agriculture Secretary Tom Vilsack said. …

Farmers’ Filing Would Raise Homeowners Rates in Texas by Nearly 10%

Farmers Insurance plans to hike homeowner premiums in Texas by nearly 10 percent next year. The increase will apply to about half of the Farmers Insurance customers across Texas, according to a report in The Dallas Morning News. The higher …

Families of Two Who Died at Michigan Farm Sue

The families of two young people who died after falling into a tank at a dairy farm in Michigan’s Barry County have filed wrongful death lawsuits against the farm. The lawsuits were filed last week in Barry County Circuit Court …

Iowa Warns Farmers on Deadly Livestock Accidents

Deadly livestock-related accidents in Iowa are not that unusual, so farmers need to be cautious and have an escape route, a workplace safety expert said. John Lundell of the University of Iowa Prevention Research Center said that one person dies …

Farmers Insurance to Pay $1.5M in Labor Settlement

Los Angeles-based Farmers Insurance Inc. has agreed to pay $1.52 million in overtime back wages to 3,459 employees following an investigation by the U.S. Department of Labor’s Wage and Hour Division that disclosed significant and systemic violations of the federal …

Farmers Insurance Employees to Get $1.5M in Back Wages

Farmers Insurance has agreed to pay just over $1.5 million in back overtime wages to workers at 11 customer service call centers in Texas and five other states after a U.S. Labor Department investigation. The federal probe found what a …

Hopkins to Retire from Zurich Executive Posts; Farmers Chairman

The Zurich Financial Services Group announced that after a 33-year career with the company, Paul N. Hopkins will retire as a member of the Group Executive Committee, regional chairman of the Americas for Zurich, and chairman of the board of …

Guy Carp to Develop Agriculture Microinsurance for Mozambique Farmers

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 …

Zurich BOP off 13% for 2010 at $4.9 Bn; Net Income $3.4 Bn

Zurich Financial Services Group reported a business operating profit (BOP) of $4.9 billion, a 13 percent decline, and net income of $3.4 billion for the year ended Dec. 31, 2010. The company said the results reflected “its strong focus on …