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Tag Archives insurance


Agi3’s AI-powered individualized farm insurance products win innovation prize
News

Agi3’s AI-powered individualized farm insurance products win innovation prize

Awards handed out at Ag in Motion 2025

By Geralyn Wichers July 16, 2025
Agi3’s AI-powered individualized farm insurance products won the business solutions prize in the Innovations Program Awards prior to the Agriculture in Motion farm show in Langham, Saskatchewan.

First Acre Insurance's chief executive officer Robin Shufelt. Photo: LinkedIn Profile Image
News

Newcomer First Acre Insurance expands brokers in Ontario

First Acre was founded by mutual insurance companies to serve farmers

By Diana Martin July 2, 2025
The ever-evolving changes within agriculture over the last several decades have outpaced coverage options in the agriculture insurance sector, said First ACre CEO Robin Shuflet.

Some insurance holders shocked to learn they weren’t covered after roof collapse due to snow loads this winter.
News

Insurance costs a rising concern for Ontario farmers

Climate risks, rising replacement costs and reinsurer “hard market” impact premiums

By Diana Martin June 12, 2025
Insurance is a growing concern within Ontario’s farming sector.

Some insurance holders shocked to learn they weren’t covered after roof collapse due to snow loads this winter
News

Some roof collapses due to snow load not covered by insurance

Insurance companies grappling with how to estimate costs; new building code requirements

By Stew Slater April 28, 2025
Ontario’s farm community endured what seemed like an unprecedented number of structural collapses due to snow load this past winter. Some farmers found out they weren’t insured.

Farm building code updates will drive insurance increases
News

Farm building code updates will drive insurance increases

Companies must replace to full current value after insurable loss, which will be more expensive

By Stew Slater December 12, 2024
An unintended consequence of planned upgrades to Canada’s National Farm Building Code (NFBC) may be higher farm insurance rates.


Agricorp updates coverage for fruit growers
Crops

Agricorp updates coverage for fruit growers

By Farmtario Staff December 6, 2024
Agricorp says it worked with industry and government to make some improvements to Production Insurance fruit coverage for apple, pear, plum, and strawberry growers, starting with the 2025 growing season. […] Read more

File photo of sunset over port facilities at Odesa. (Mixarde/iStock/Getty Images)
Markets

Ukraine announces ‘humanitarian corridor’ for other stuck ships

Moscow not yet commenting on plan

By Olena Harmash August 11, 2023
Kyiv | Reuters — Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since the outbreak of war, a new […] Read more

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets

Insurers seen reviewing Black Sea ship cover after Russia quits deal

Last ship covered under deal left Sunday

By Jonathan Saul July 17, 2023
London | Reuters — Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a UN-backed deal that allows the […] Read more


Commercial vessels  –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)
Crops

Insurers covering Ukraine grain corridor shipments for now

More clarity needed soon, Lloyd's exec says

By Jonathan Saul March 24, 2023
London | Reuters — Insurers continue to cover grain shipments from Ukraine through a United Nations-backed corridor although more clarity will be required soon, a senior Lloyd’s of London official […] Read more

A composite satellite view of Hurricane Fiona nearing Nova Scotia at about 6 p.m. local time on Sept. 23, 2022. (U.S. National Hurricane Center image, NOAA.gov)
Machinery

Nova Scotia to bridge Fiona funding gap for farmers

Provincial program offering up to $400K per farm

By Dave Bedard February 25, 2023
Nova Scotia farmers who didn’t qualify for federal disaster financial assistance (DFA) in the wake of Hurricane Fiona last September may be able to get in on a new provincial […] Read more

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