Business insurance

Business insurance

• Senate votes to cut crop insurance aid for wealthy

  The Senate on Thursday voted to limit the amount of government subsidies the wealthiest farmers receive when purchasing crop insurance. The vote was ... 

• White House says more farm subsidy cuts needed

  The Obama administration said Monday it wants to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week. 

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  Senate panel approves massive farm bill

  The Senate Agriculture Committee on Tuesday approved a massive five-year farm bill that would cut spending while also creating new subsidies for ... 

• Low disaster costs give Munich Re a Q1 profit lift

  Reinsurer Munich Re said Tuesday its first-quarter net profit rose 25 percent as the company saw modest outlays for natural disasters and raised its ... 

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  Record crop insurance payout stirs subsidy debate

  Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics ... 

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  Feds bust up $100M NC crop insurance fraud ring

  Federal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern North ... 

• Buffett firm's 4Q up 49 pct. on paper gains

  Warren Buffett's company reported a 49 percent surge in fourth-quarter profit because of a big paper gain on its investments and derivative contracts, ... 

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  Crop insurance juicy target in 'fiscal cliff' deal

  Rural lawmakers worry that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a "fiscal cliff" deal so ...