North Dakota Grain Dealers Association hosted an insurance forum on Thursday in Bismarck, North Dakota covering various topics impacting producers in the state. “We covered the current state of the market and the perspective from the insurance side. Property-casualty insurance for agribusiness has really increased in the last couple of years, and it’s getting to the point where it could potentially have an effect on some bottom lines,” said Executive Vice President Stu Letcher. Another issue that saw some discussion was the difficulty that some farmers have had getting coverage on certain facilities, such as wood crib construction structures. A panel discussion of lenders and auditors closed out the forum.
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