COUNTRY returning $1.3 million in crop hail dividends


Share
Posted Online: Nov. 20, 2012, 10:31 am
Comment on this story | Print this story | Email this story
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.



















 



Local events heading








  Today is Thursday, Oct. 2, the 275th day of 2014. There are 90 days left in the year.

1864 -- 150 years ago: The ladies have adopted the fashion of wearing representations of insects in the flowers on their bonnets. Some look very natural.
1889 -- 125 years ago: T.F. Cary, former Rock Island alderman, has accepted a position as salesman for a Chicago wallpaper house and plans to move to that city.
1914 -- 100 years ago: Work on the new telephone building on 18th Street between 6th and 7th avenues is progressing rapidly.
1939 -- 75 years ago: Rock Island's new theater at 3rd Avenue and 19th Street will have a name significant of its location. The "Rocket" is scheduled to open Thanksgiving Day.
1964 -- 50 years ago: Two of Rock Island's newest water towers were vandalized last night, including the one at 38th Street and 31st Avenue, where police took five Moline boys into custody about 9 p.m..
1989 -- 25 years ago: Some of us who live in the Quad-Cities take the Mississippi River for granted, or at least we used to. But the river is not taken for granted by our visitors. And most Quad-Citians are realizing the importance of the river to this area as increased emphasis is placed on tourism.







(More History)