Crop Insurance Consolidation

Insurance Industry Seeing More Mergers as Profitability Declines

Chris Clayton
By  Chris Clayton , DTN Ag Policy Editor
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Recent crop disasters have taken some of the profit out of crop insurance for companies that sell the policies, sparking consolidation in the industry. (DTN photo by Chris Clayton)
Wells Fargo, one of the country's largest crop insurance underwriters, announced last week it was looking to sell that part of its business. Lower overall profitability in recent years has caused crop insurers to face some of the same consolidation going on in...

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Chris Clayton