CORRECTING and REPLACING AM Best to Host Webinar on Challenges in U.S. Multiperil Crop Market and What Lies Ahead

OLDWICK, N.J.--(BUSINESS WIRE)--First paragraph, first sentence of release dated October 15, 2020, should read: AM Best will host a complimentary webinar on Tuesday, Oct. 20, 2020, at 2 p.m. (EDT), to examine challenges facing the U.S. multiperil crop insurance market. (instead of AM Best will host a complimentary webinar on Tuesday, Nov. 20, 2020, at 2 p.m., (EST) to examine challenges facing the U.S. multiperil crop insurance market.)

The updated release reads: 

AM BEST TO HOST WEBINAR ON CHALLENGES IN U.S. MULTIPERIL CROP MARKET AND WHAT LIES AHEAD

AM Best will host a complimentary webinar on Tuesday, Oct. 20, 2020, at 2 p.m. (EDT), to examine challenges facing the U.S. multiperil crop insurance market.

Crop insurers recorded their worst results in a decade in 2019, and so far in 2020, the COVID-19 pandemic and weather events have globally disrupted the supply chain of agricultural goods and further damaged crop yields. Additionally, trade wars with other countries, along with problems due to heavy rainfall and historic flooding across the Corn Belt, commodity price volatility and labor shortages, were among the challenges in which farmers and multiperil crop insurers had to contend. During the event, AM Best analysts and market experts will review a new AM Best report that discusses these challenges and how insurers are managing the risks in this segment.

Register now: www.ambest.com/webinars/crop.

Panelists include:

• Sridhar Manyem, director, industry research, AM Best (Moderator);
• Daniel Ryan, senior director, AM Best;
• Connor Brach, Financial Analyst, AM Best;
• Julia Borman Ph.D, senior scientist, manager, research & modeling, AIR; and
• Marv Goergen, senior vice president, business unit CFO, Crop NAU Country Insurance Company.

Attendees can submit questions during registration or by emailing [e-mail]. The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.