Climate change continues to wreak havoc on farm and agriculture businesses. With increasingly unpredictable weather, destructive storms, and a decrease in natural resources, the farm & ag industry is scrambling to find a more reliable way to farm– one that would protect the industry from a quickly changing world.
Laurus Insurance
The Budding Potential of Vertical Farming
Jun 18, 2020 / by Rich Pelkofsky posted in Issues & Trends, COVID-19, New/Emerging Risks, Climate Change, Farm & Ag, Farming, 2020 VME, Laurus Insurance, reinsurance, AAIS Views, Vertical Farming
Trade Wars, Meat Processing Among Key Farm & Ag Issues during COVID-19
Jun 3, 2020 / by AAIS posted in Community, Issues & Trends, Events, AAIS Event Archive, COVID-19, New/Emerging Risks, Farm & Ag, Farming, Food, 2020 VME, Laurus Insurance, AAIS Views, food & produce
Dairy, meat and crop supplies are available…but processing is not. Decreased demand for ethanol leads to changing priorities from farmers, and Midwest family farms, already impacted by rising machinery prices, struggle to survive. For Farm & Ag insurers, the COVID-19 pandemic has resulted in unexpected challenges requiring quick, creative solutions to help keep the farm industry afloat.