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

05.06.2025 369 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

23.04.2026

Canada - Agricorp pays out more than $253 million after challenging 2025 season with soybeans recording the biggest losses

As of mid April, Ontario farmers claimed more than $253 million in Agricorp production insurance for the 2025 season, more than double the $115 million claimed a year earlier. 

23.04.2026

USA - Cold damages Michigan apples, peaches and cherries, MSUE say losses uneven

Michigan State University Extension educators are expecting widespread but highly variable fruit damage across the state following this weekend’s low temperatures.

23.04.2026

Super Typhoon Sinlaku crop loss assessment begins to help Guam farmers, ranchers

A preliminary damage assessment of crop, livestock, and farm property losses sustained during Super Typhoon Sinlaku has started, which could help affected farmers and ranchers receive compensation to help them recover from the storm.

23.04.2026

Georgia - The Rural Development Agency implements the state agroinsurance program with an increased budget

In 2026, the budget of the state agroinsurance program amounts to 17 million GEL, which is 2 million GEL more compared to the previous year. 

23.04.2026

Nigeria - FG Pays ₦396.7m Insurance Claims to 43,000 Farmers

The Federal Government has disbursed a total of ₦396.7 million in insurance claims to over 43,000 smallholder farmers impacted by climate-related losses, in what officials describe as a strategic step toward strengthening Nigeria’s food system resilience and protecting vulnerable agricultural livelihoods.

23.04.2026

Nepal - Govt urged to adopt agroecology

The Alliance of Agriculture for Food has called on the government to revise its recently published national commitment document, advocating a transition to an environmentally friendly agricultural system based on agroecology.

22.04.2026

Bangladesh - PM rolls out master plans for 'smart agriculture'

Technology-driven modern farming is in sight in Bangladesh as Prime Minister Tarique Rahman Wednesday unveiled a set of master plans to implement "smart agriculture" initiatives for boosting agricultural production, diversifying farm products and addressing climate-change impacts.

22.04.2026

USA - Capital Farm Credit acquires Ag Crop Insurance Agency

In an effort to provide the best risk protection for ag producers in the High Plains region of Texas, Capital Farm Credit has acquired Ag Crop Insurance Agency.