Tag: fsa

Newly designed farm insurance is on its way

H. Cutner
farm insurance program news

Farmers in Colorado are now preparing for the roll out of a new type of coverage for their businesses. Local farmers in Colorado are now preparing for two different meetings that are being held on farm insurance by way of the Farm Service Agency and that are designed to be highly informative about the new kind of coverage that will be rolling out. The new programs that will be starting through the 2014 Farm Bill will take over for previous broadly used plans. The new farm insurance programs will provide…

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UK regulators taking a hard look at insurance industry

Logan B.
UK cyber Insurance industry News united kingdom

Insurance industry may feel repercussions of Lloyds failure The United Kingdom’s Financial Services Authority has fined Lloyds Banking Group for some $6 million this week. The fine is due to the company’s failing to compensate customers who purchase insurance policies or acquired loans and mortgages from Lloyds. The company is accused of mis-selling payment protection insurance. This type of coverage is common throughout the insurance industry and helps ensure the repayment of loans in the event of a borrower losing the ability to handle their loans. Lloyds fails to compensate…

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