USA - ProAg’s $1M Reinsurance Loss Suit Faces Dismissal Bid Over Time Bar

05.06.2025 113 views

What began as a routine insurance misstep has snowballed into a legal battle over timing, reinsurance, and blame. This week, insurance agency RLS Limited, doing business as Breckenridge Insurance Co., and its executive Jessica Godley, urged a Michigan federal judge to toss Producers Agriculture Insurance Co.’s (ProAg) $1 million lawsuit, arguing the claims are expired and legally redundant.

The lawsuit stems from a dispute over a Federal Crop Insurance Corp. (FCIC) reinsurance denial tied to a Michigan dairy farm. But the defendants say ProAg is “taking another bite at the apple” after being ordered to pay out over $1 million to Mibelloon Dairy LLC in a prior arbitration.

From Clerical Error to Courtroom Clash

At the heart of the dispute is a simple oversight with costly consequences. ProAg alleges that Godley, a Breckenridge VP of agricultural services, failed to enter signature dates on quarterly endorsements for dairy revenue protection (DRP) insurance—effectively rendering those forms invalid and triggering FCIC’s refusal to reinsure the policies.

Mibelloon sued ProAg, Breckenridge, and Godley back in 2021, claiming it lost several months of coverage in 2020 due to the missing paperwork. The matter went to arbitration, and ProAg was ultimately held liable for over $1 million in unpaid coverage.

In April, ProAg returned to court, this time suing Breckenridge and Godley directly, accusing them of negligence, breach of contract, and causing its reinsurance loss.

 

Source - https://usaherald.com

12.06.2025

WorldFish launches USD 10 million genetically improved tilapia project in Kenya

A USD 10 million (EUR 8.8 million) fish-farming project has launched in Kenya, focusing on expanding farmers’ access to genetically improved strains of tilapia.  

12.06.2025

Limits on moving livestock into Wales due to virus

Limits are to be placed on moving livestock from England into Wales in response to the spread of the bluetongue virus.  

12.06.2025

Canada - Saskatchewan farmers looking for rain

Almost all Saskatchewan producers have completed their seeding operations, and now they’re looking for moisture to replenish the topsoil.  

12.06.2025

Bangladesh - Rain, floods cause extensive crop damage in Kurigram

Crops on a vast tract of lands in Kurigram district have been damaged due to the torrential rainfall for the last several days and onrush of upstream water.  

12.06.2025

Kosovo - €15,000 for the best innovative idea for Climate Smart Agriculture

The agricultural sector in Kosovo, in addition to other challenges, is also facing the negative effects of climate change.  

12.06.2025

More than 24,000 factory farms have opened across Europe

Intensive livestock farms such as those found across the US are spreading across the continent, according to new data.

11.06.2025

Australia - Blueberry price spike due to low seasonal supply to ease, but flood damage will bite

Eye-watering blueberry prices could stay higher for longer this year due to seasonal shortages and crop damage caused by last month's torrential rain in northern New South Wales.  

11.06.2025

Egypt pursues stronger agricultural investment across Africa

Alaa Farouk, Minister of Agriculture and Land Reclamation, held a strategic meeting with a ministerial committee to explore ways of enhancing cooperation with African countries in the agricultural sector.

istanbul escort şişli escort tbilisi escort şişli escort şişli escort maslak escort istanbul escort beşiktaş escort taksim escort izmir escort ümraniye escort mecidiyeköy escort şişli escort taksim escort ümraniye escort kartal escort şirinevler escort maltepe escort istanbul escort ümraniye escort kadıköy escort vip escort mersin escort istanbul escorts ataköy escort avcılar escort beylikdüzü escort okmeydanı escort şişli escort tuzla escort işitme cihazı sex shop sex shop sex shop sex shop sex shop sex shop sex shop sex shop
istanbul escort