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Carl A. Dempewolf, president of the local Farm Bureau, told The Gleaner in its May 18, 1949, edition that the state Farm Bureau federation had been working toward the purchase for some time and ...
The Farm Bureau also owns crop insurer American Farm Bureau Insurance Services, formed in 1995. [68] AAIC began selling crop insurance in 1997. [69] In 1999, the AAIC purchased Nationwide-Re as part of its plan to expand into Non-Farm Bureau premium writings. The AAIC is a reinsurer primarily assuming business from Farm Bureau insurance ...
Farm Bureau Life Insurance Company was founded as Iowa Life Insurance Company on October 30, 1944, and opened for business in 1945. [ citation needed ] Over the years, various state Farm Bureaus merged their insurance company operations into the company.
The alleged fraud resulted in more than $200,000 in loss payments to one farmer and $182,000 to another.
In early 2009, the State Farm Florida subsidiary, the state's largest insurer, offered to withdraw from writing property insurance business in Florida after state regulators refused to approve a 47% property rate increase. State Farm said that, in Florida, it had paid out US$1.21 in claims for every dollar in premiums since 2000.
Taulbee resigned as a magistrate in Bourbon County after pleading guilty June 22 to two charges of conspiring to commit an offense against the U.S., meaning fraud on crop-insurance claims.
For a full list of all the groups (all 175 of them) that have spent $10,000 or more lobbying the state legislature in January and February, read below: The Kentucky Chamber of Commerce: $105,310.
George Jacob "G.J." Mecherle [1] (pronounced "Ma-herl") (June 7, 1877 - March 10, 1951) was the founder of State Farm, headquartered in Bloomington, Illinois.Mecherle, a farmer who later became an insurance agent, founded State Farm after becoming dissatisfied with the insurance rates charged to farmers, as those rates included the risks of city drivers as well.
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