American Farm Bureau Federation

AM Best Revises Issuer Credit Rating Outlook to Positive for Southern Farm Bureau Life Insurance Company

Retrieved on: 
Wednesday, April 24, 2024

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of Southern Farm Bureau Life Insurance Company (Southern Farm Bureau Life) (Jackson, MS).

Key Points: 
  • AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of Southern Farm Bureau Life Insurance Company (Southern Farm Bureau Life) (Jackson, MS).
  • Southern Farm Bureau Life’s operating performance has exhibited consistent growth in top line premium, driven by the company’s diverse network of associated Farm Bureau Federations across 11 states.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Computer Vision Technology Market for Agriculture Global Analysis 2023-2033: Fostering Digital Agriculture through Global Government Initiatives

Retrieved on: 
Friday, March 1, 2024

The computer vision technology market for agriculture is currently in a dynamic growth phase, marked by rapid advancements and heightened adoption.

Key Points: 
  • The computer vision technology market for agriculture is currently in a dynamic growth phase, marked by rapid advancements and heightened adoption.
  • As of 2022, significant players held around 30% of market shares in the computer vision technology market for agriculture.
  • During the forecast period 2023-2033, the computer vision technology market for agriculture is set to undergo substantial evolution and expansion.
  • The swift adoption of precision agriculture is also driving the growth of the computer vision technology market for agriculture in North American countries.

Championship Sunday Menu: Football, Food and Farming

Retrieved on: 
Monday, February 5, 2024

Pro football championship Sunday ranks among the top days of the year for food consumption in the United States.

Key Points: 
  • Pro football championship Sunday ranks among the top days of the year for food consumption in the United States.
  • As you watch your favorite team and eat your favorite snacks, here are some facts about how that food makes it to your home.
  • Farmers are meeting the food needs of America's families while continually improving the land and water for future generations.
  • "Farmers are proud to grow the food America's families rely on for Championship Sunday, and every other day of the year," said American Farm Bureau Federation President Zippy Duvall.

Crop Spraying Drones Market Forecast Report 2023-2028, Featuring Fly Dragon Drone Tech, Prodrone, Parrot Drone, HSE TTA-America, ASTA Technology, Xi'an Wideworldz Aviation Technology & AirBoard

Retrieved on: 
Friday, January 26, 2024

DUBLIN, Jan. 26, 2024 /PRNewswire/ -- The "Crop Spraying Drones Market - Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 26, 2024 /PRNewswire/ -- The "Crop Spraying Drones Market - Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The crop spraying drones market is experiencing growth driven by rising awareness regarding the detrimental effects of pesticides on the environment and human well-being is a key factor fueling the need for crop spraying drones.
  • In recent years government initiatives have gained momentum, aiming to integrate drone technology into agriculture and boost crop spraying drones market growth.
  • The increasing product launches in the market are pushing the crop spraying drones market in an upward direction.

Cost of Thanksgiving Dinner Down Slightly from Record High in 2022

Retrieved on: 
Wednesday, November 15, 2023

To view an enhanced version of this graphic, please visit:

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    The centerpiece on most Thanksgiving tables - the turkey - helped bring down the overall cost of dinner.
  • Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving.
  • "Traditionally, the turkey is the most expensive item on the Thanksgiving dinner table," said AFBF Senior Economist Veronica Nigh.
  • "While shoppers will see a slight improvement in the cost of a Thanksgiving dinner, high inflation continues to hammer families across the country, including the nation's farmers," said AFBF President Zippy Duvall.

Farm Bureau Health Plans announces Medicare Advantage provider network expansion with State of Franklin Healthcare Associates

Retrieved on: 
Wednesday, November 22, 2023

COLUMBIA, Tenn., Nov. 22, 2023 /PRNewswire/ -- Farm Bureau Health Plans (FBHP) is announcing the addition of State of Franklin Healthcare Associates (SOFHA) to its growing Medicare Advantage provider network.

Key Points: 
  • COLUMBIA, Tenn., Nov. 22, 2023 /PRNewswire/ -- Farm Bureau Health Plans (FBHP) is announcing the addition of State of Franklin Healthcare Associates (SOFHA) to its growing Medicare Advantage provider network.
  • "This network growth will provide our members with greater access to care in Northeast Tennessee," said Anthony Kimbrough, Farm Bureau Health Plans CEO.
  • "We are excited to welcome the State of Franklin Healthcare Associates to our growing Farm Bureau Advantage network.
  • Farm Bureau Health Plans has worked diligently with State of Franklin to bring this partnership together.

Ethical AI in Insurance Consortium Expands with 10 New Founding Members and Launches Insurance AI Research Project

Retrieved on: 
Tuesday, October 31, 2023

LAS VEGAS, Oct. 31, 2023 /PRNewswire-PRWeb/ -- The Ethical AI in Insurance Consortium (EAIC), which aims to foster responsible and transparent adoption of artificial intelligence (AI) for decision management in the insurance sector, is proud to announce the addition of 10 founding members, significantly broadening its expertise and potential impact. Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision. This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.

Key Points: 
  • Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision.
  • This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.
  • It's crucial that as industry leaders, we prioritize responsible AI adoption to enhance our services while upholding ethical standards.
  • Founding members Socotra, Exavalu, and Cloverleaf Analytics expressed their enthusiasm for the Insurance AI research initiative and the expansion of the EAIC.

Farm Bureau Health Plans announces Medicare Advantage provider network expansion with Ascension Saint Thomas

Retrieved on: 
Friday, October 20, 2023

COLUMBIA, Tenn., Oct. 20, 2023 /PRNewswire/ -- Farm Bureau Health Plans (FBHP) is announcing the addition of Ascension Saint Thomas to its growing Medicare Advantage provider network.

Key Points: 
  • COLUMBIA, Tenn., Oct. 20, 2023 /PRNewswire/ -- Farm Bureau Health Plans (FBHP) is announcing the addition of Ascension Saint Thomas to its growing Medicare Advantage provider network.
  • "Farm Bureau Health Plans is committed to serving our members and we are excited to add Ascension Saint Thomas to our growing Farm Bureau Advantage HMO network," said Anthony Kimbrough, Farm Bureau Health Plans CEO.
  • Farm Bureau Advantage HMO is a Medicare Advantage plan available in 66 counties across Tennessee.
  • Farm Bureau Health Plans has worked diligently with Ascension Saint Thomas to bring this partnership together.

Maryland Farm Bureau Announces New Director of Communications

Retrieved on: 
Wednesday, August 23, 2023

DAVIDSONVILLE, Md., Aug. 23, 2023 /PRNewswire-PRWeb/ -- Maryland Farm Bureau (MDFB) welcomes Jeb Burchick as its new Director of Communications. Burchick brings extensive experience in communications and media relations to the organization.

Key Points: 
  • Jeb Burchick brings extensive experience in communications and media relations to new role with Maryland Farm Bureau.
  • DAVIDSONVILLE, Md., Aug. 23, 2023 /PRNewswire-PRWeb/ -- Maryland Farm Bureau (MDFB) welcomes Jeb Burchick as its new Director of Communications.
  • MARYLAND FARM BUREAU®, INC. is a 501(c)(5) federation that serves as the united voice of Maryland farm families.
  • Maryland Farm Bureau is a proud member of the American Farm Bureau® Federation.

Auguste Escoffier School of Culinary Arts Teams up with American Farm Bureau Federation to Support Agriculture, Education and Focus on the Future of Food

Retrieved on: 
Tuesday, August 8, 2023

WASHINGTON, Aug. 8, 2023 /PRNewswire/ -- Auguste Escoffier School of Culinary Arts (Escoffier) and the American Farm Bureau Federation (AFBF) announce a new national collaboration designed to support the vital connection between farmers, ranchers and the culinary industry with education-focused programs, interactive events and training sessions.

Key Points: 
  • Escoffier also becomes the preferred culinary school of AFBF throughout the duration of the relationship.
  • With nearly 6 million member families and 2,800 county Farm Bureaus, AFBF is the country's largest general farm organization.
  • Auguste Escoffier School of Culinary Arts (Escoffier) is the largest culinary school brand in the U.S. (based on comparable student population data currently reported in IPEDS) .
  • Click for more information on Auguste Escoffier School of Culinary Arts accreditations and degree and diploma programs .