COUNTRY returning $1.3 million in crop hail dividends


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Posted Online: Nov. 20, 2012, 10:31 am
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Press release submitted by COUNTRY Financial




COUNTRY Financial will return $1.3 million in crop hail dividends in March to about 11,200 crop hail policyholders in Illinois.

Policyholders will receive a 9 percent return of the premium they paid in 2012. The amount of each dividend check will vary depending on the amount of crop hail coverage each policyholder had on crops during the 2012 season.

"This season's devastating drought has proved difficult for many Illinois farmers. We have been with clients every step of the way to make sure that their crop claim is handled promptly and fairly, and that we provide them with outstanding claims service," says Jeff Gendron, senior vice president of Property and Casualty Operations for COUNTRY. "Our continued financial strength makes the dividend payment possible. We are pleased to return a portion of our clients' crop hail premium."

COUNTRY has paid a crop hail dividend to Illinois farmers for seven of the last nine years. During this time, COUNTRY has returned $13.7 million in crop hail dividends.

COUNTRY is the largest crop hail insurer in Illinois. The company provides crop hail protection to 3 million acres of Illinois crops valued at about $2 billion.

















 



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  Today is Thursday, July 31, the 212th day of 2014. There are 153 days left in the year.

1864 -- 150 years ago: A corps of surgeons now occupies the new hospital quarters at the Garrison Hospital on the Rock Island Arsenal. A fence has been installed to enclose the prison hospital.
1889 -- 125 years ago: B. Winter has let a contract to Christ Schreiner for a two story brick building with a double store front on the south side of 3rd Avenue just west of 17th Street. The estimated cost was $4,500.
1914 -- 100 years ago: Germany sent simultaneous ultimatums to Russia and France, demanding that Russia suspend mobilization within 12 hours and demanding that France inform Germany within 18 hours. In the case of war between Germany and Russia, France would remain neutral.
1939 -- 75 years ago: Civil service offices at the post office and the Rock Island Arsenal were swamped as more than 700 youths sought 15 machinist apprenticeships at the Arsenal.
1964 -- 50 years ago: Last night, American Legion Post 246 in Moline figuratively handed over the trousers to a female ex-Marine and petticoat rule began. Olga Swanson, of Moline, was installed as the first woman commander of the post .
1989 -- 25 years ago: The Illinois Quad City Civic Center captured the excitement and interest of a convention of auditorium managers this weekend in Reno, Nev. Bill Adams, civic center authority chairman, said the 10,000-seat arena planned for downtown Moline has caught the eye of construction firms, suppliers, management teams and concession groups.








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