Farmers who grow fresh fruits and vegetables are often finding crop insurance prohibitively expensive — or even unavailable — as climate change escalates the likelihood of drought and floods capable of decimating harvests.
Tag: Farmers
Farmers, USAA Boost Homeowners Insurance Rates by Double Digits in 2023
Farmers Insurance Group of Cos. and United Services Automobile Association led the pack among the largest US homeowner insurers increasing premium rates in 2023.
Farmers Insurance Reverses Course on Homeowners Nonrenewals in Georgia
Farmers has reversed its decision to non-renew homeowners policies in Georgia, with no policyholders impacted at this time.
After State Farm’s and Allstate’s Exits, Farmers Insurance Sets Limits in California
In an email to The Standard, a Farmers spokesperson confirmed that the company had “paused” several insurance programs and was limiting the amount of new business it takes on.
A Senator Questioned Why Insurance Companies Are Paying Police to Investigate their Customers
A senator responsible for overseeing the insurance industry spoke out Friday about State Farm, Farmers, and other major insurers funding police and prosecutors to investigate fraud — creating a system that can ensnare innocent people. “Insurance companies should not be permitted to abuse their investigations processes,” said Sen. Chris Van Hollen of Maryland, the top… Continue reading A Senator Questioned Why Insurance Companies Are Paying Police to Investigate their Customers
Study Finds Almost Half of U.S. Residents Don’t Have a Home Inventory List Should Disaster Strike
New survey data released today as part of the Farmers Insurance® Seasonal Smarts Digest shows nearly half of U.S. residents (44%) have never made a home inventory list, possibly putting themselves at risk of potential stress in the event of a major loss. This risk takes on greater significance considering that 70 percent of Americans… Continue reading Study Finds Almost Half of U.S. Residents Don’t Have a Home Inventory List Should Disaster Strike