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, ...

West Des Moines-based Farmers Mutual Hail Insurance Co. of Iowa says it’s buying Global Ag Insurance Services, a California crop insurance business. Fresno-based Global Ag is a subsidiary of AXA XL, a ...

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 ...