The largest agricultural machinery company on the planet has agreed to the sale of its coverage business. After having experienced several years of losses, Deer & Co. has now agreed to sell its crop insurance unit to the Iowa based company called Farmers Mutual Hail Insurance Co. This allows the agricultural equipment manufacturer to shed a component of its business that has been quite costly. The sale of the crop insurance involves two of the company’s coverage units. These are: John Deere Risk Protection, and John Deere Insurance Co. The…
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