ProAg Announces Agreement to Acquire International Ag

Lizzy Schultz

Producers Ag Insurance Group, Inc. (ProAg), a member of the Tokio Marine HCC (TMHCC) group of companies, today announced a purchase agreement had been signed to acquire crop managing general agent (MGA) International Ag Insurance Solutions, LLC (International Ag). The transaction, which is subject to a number of closing conditions including final approvals by certain International Ag members and regulatory …

Ag Group, crop insurance

2017 CIRB Annual Meeting

Lizzy Schultz

Welcome to the virtual newsroom for the Crop Insurance and Reinsurance Bureau (CIRB) 53rd Annual Meeting, held February 1-3 in Bonita Springs, Florida. This year’s meeting follows the theme of “Change. Challenge. Opportunity.” and hopes to provide attendees with a look into the political landscape for the industry in 2017, as well as giving members an opportunity to network with …

audio, CIRB, crop insurance

#CIRB16 Attendees Gather in California

Joanna Schroeder

Leaders in the crop insurance business are gathered in California for the annual meeting of the Crop Insurance and Reinsurance Bureau.  On the program this year are presentations about the political climate in this election year, the climate itself and economic challenges facing the world ag market. In addition, first-year members of the CIRB Emerging Leaders Program will be on …

Ag Group, agribusiness, audio, crop insurance

2015 Crop Insurance & Reinsurance Bureau Annual Meeting

Leah Guffey

Crop insurance leaders met February 4-6, 2015 in Bonita Springs, Florida for the Crop Insurance & Reinsurance 51st Annual Meeting with the theme “Charting the Course” to explore the future of the farm safety net. 2015 Crop Insurance & Reinsurance Bureau Annual Meeting Photo Album Preview of CIRB Annual Meeting – Past and Future CIRB Leadership – Proposed Crop Insurance …

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Crop Pro Insurance to Offer Spring 2014 Crop Insurance

Melissa Sandfort

Crop Pro Insurance, LLC (“Crop Pro”), a crop insurance Managing General Agency focused on Midwestern crop producers, announced today that it will, in partnership with Technology Insurance Company, Inc. (“TIC”), a subsidiary of AmTrust Financial Services, Inc. (NYSE:AFSI), offer crop insurance through the Federal MPCI program beginning immediately. TIC and Crop Pro have received approval from the Risk Management Agency, …

agribusiness, crop insurance

Crop Insurance Discount Moratorium Eliminates Opportunity For up to $120 Million Annual Savings for America’s Farmers

Chuck Zimmerman

West Des Moines, Iowa – (AgNewsWire) On May 23 the House of Representatives voted to extend the 2007 moratorium on the USDA’s Premium Reduction Program through the 2008 crop season. The Premium Reduction Program (PRP) was authorized in the Federal Crop Insurance Act of 1994 in order to allow farmers the opportunity to benefit when insurance companies are able to …

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Producers Need To Evaluate Crop Insurance Options Carefully

Chuck Zimmerman

Crop1 InsuranceDes Moines, Iowa (AgNewsWire) The Bush administration’s fiscal year 2007 budget includes proposals to enhance crop insurance coverage, and reduce costs to deliver the program, so that crop insurance will provide coverage that is sufficient to sustain most farmers in times of loss. Because the current budget situation in Washington is tight, farmers can no longer expect to receive federal aid when disaster strikes, which makes crop insurance more important than ever and means it is vital for farmers to have the right crop insurance plan for their particular operation.

crop insurance