The global agricultural insurance market, valued at $38.5 billion in 2022, is expected to surge to $67.4 billion by 2032, according to a new Allied Market Research report. High premiums, particularly ...

Crop insurance provider Farmers Mutual Hail Insurance Co. of Iowa has acquired California-based Global Ag Insurance Services, expanding FMH's presence in the specialty crop sector. Global Ag, ...

This story was updated because an earlier version included an inaccuracy. State Farm’s motion to dismiss the state’s petition for intervention in a lawsuit alleging company-wide fraud was denied by ...

Agricultural insurance products are significantly more complex to structure as losses are often systemic rather than isolated, meaning one weather event can trigger massive simultaneous claims. The ...