Preview of the 57th CIRB Annual Meeting

Chuck Zimmerman

The Crop Insurance and Reinsurance Bureau is holding its virtual 2021 CIRB Annual meeting tomorrow February 4, hosted on Zoom. CIRB’s 57th Annual Meeting will feature distinguished speakers, such as Dr. John Newton from American Farm Bureau Federation and Jim Wiesemeyer from Pro Farmer, to provide updates for the crop insurance industry. You can find the agenda here. A virtual …

Ag Groups, Audio, Insurance, Virtual

2020 Economic Outlook

Carrie Muehling

Economist Bob Young told those attending the 2020 Crop Insurance and Reinsurance Bureau Annual Meeting that the general economy is not in a bad place, and he expects some economic growth in the year ahead. When it comes to the agriculture sector specifically, Young has questions about what will happen with all of the acres that were not planted in …

Audio, CIRB, Insurance

FMH Offers New Cyber Risk Protection for Farmers

Cindy Zimmerman

Farmers Mutual Hail Insurance Company of Iowa (FMH) has announced the new FMH Cyber Risk Protection suite, which includes two new cyber risk products to provide protection and services in the event an individual, family, or farm is the victim of a computer attack, cyber extortion, online fraud, or a breach of personal information. “Farmers Mutual Hail has been protecting …

AgWired Precision, Insurance, Precision Agriculture

Pro Ag Insurance Group to Acquire International Ag

Kelly Marshall

Producers Ag Insurance Group, Inc. (ProAg), 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 authorities, is expected to close by April 3, 2017. “ProAg believes International …

Agribusiness, Insurance

NCGA Study Shows Crop Insurance Returns Decreased

Kelly Marshall

Since the renegotiation of the Standard Reinsurance Agreement in 2010, private crop insurance company returns have significantly decreased, says a new study by the National Corn Growers Association (NCGA). Current returns are inline with standard established by the USDA’s Risk Management Agency, averaging around 1.5 percent- a decrease of 12.6 percentage points. “The federal crop insurance program is the cornerstone …

Ag Groups, Insurance, NCGA

Meet @CIRBdc Crop Insurance Coalition Members

Cindy Zimmerman

The Crop Insurance and Reinsurance Bureau coalition members have been instrumental in being a voice for the industry on Capitol Hill. Representatives from four of those coalition partners joined the CIRB annual meeting last week to talk about what they do to advocate for crop insurance. The panel included Ed Elfmann with the American Bankers Association; Kay Rentzel of the …

Audio, CIRB, Insurance

Policy Forecast at #CIRB2017

Cindy Zimmerman

Last year at the Crop Insurance and Reinsurance Bureau (CIRB) annual meeting, there were still lots of candidates for president and Informa Economics Senior VP Jim Wiesemeyer talked about what they might mean to the future of agriculture. This year, he only had to focus on the one who actually made it to the White House. “It’s a great time …

Audio, CIRB, Farm Policy, Insurance

Benefits of Membership in @CIRBdc

Cindy Zimmerman

For over 50 years, the Crop Insurance and Reinsurance Bureau (CIRB) has provided advocacy and support services for the industry and membership has never been more important. American Farm Bureau Insurance Services Vice President and General Manager Tim Green says CIRB is focused on maintaining the risk management tools that farmers and ranchers need. “We all have the same end …

AFBF, Audio, CIRB, Insurance

Outgoing @CIRBdc Chair Had a Great Year

Cindy Zimmerman

Shari Bane of COUNTRY Financial had a challenging but fabulous year as chair of the Crop Insurance and Reinsurance Bureau. “CIRB had a lot of challenges and it was instrumental that we had a trade association with a coalition of partners across the ag industry dedicated to crop insurance and rural America to get through a tough year,” said Bane. …

Audio, CIRB, Insurance

New @CIRBdc Chair Honors Former RMA Admin

Cindy Zimmerman

New Crop Insurance and Reinsurance Bureau chairman Ron Rutledge of Farmers Mutual Hail had the pleasure of presenting the inaugural Distinguished Service Award to now former USDA Risk Management Agency (RMA) administrator Brandon Willis. “Brandon has been a friend of the industry who has been very supportive and worked very hard with us and we really wanted to give him …

Audio, CIRB, Insurance