AIR Worldwide Crop Yield Projections Confirmed by USDA End-of-Season Estimates

AIRWorldwide (AIR) today announced that its industry-leading Crop Yield Model accurately projected 2009 corn and soybean yields, as confirmed by the United States Department of Agriculture (USDA) end-of-season estimates. In an October 28, 2009 report, AIR projected end-of-season corn average yield at 166.2 bushels per acre and 44.0 bushels per acre for soybeans, based on its Crop Yield Model. On January 12, 2010, the USDA reported a record crop size of 13.151 billion bushels of corn, with a yield of 165.2 bushels per acre and 3.3 billion bushels of soybeans with a yield of 44.0 bushels per acre. The AIR Crop Yield Model is a key component of the AIR Multiple Peril Crop Insurance (MPCI) Model for the United States. [Read the full article]

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The forecast: a mighty winter blizzard sure to dump a record-setting blanket of snow that will grow from inches to feet overnight, just in time for rush hour.

When it happened this month in Washington, they called it “Snowpocalypse” and an overwhelmed city couldn’t keep its streets clear. When it happened last week in Chicago, they called it “Tuesday” and kept the blacktop black from first flakes to final drifts.

“I’d take my plow drivers and put them up against anyone in North America,” said Bobby Richardson, Chicago’s snow removal boss. “Ten inches, a foot of snow? That’s nothing for us. Nothing.”

That’s not the case outside of Chicago and other cities in the American snow belt, where the strategy for cleaning the streets of winter’s wrath is often based on a calculated risk that snow won’t fall where snow usually doesn’t. [Read the full article]

MBF Healthcare Partners, L.P. (“MBF”), a healthcare services focused private equity firm, announced its plans to invest up to $50 million of equity capital to support Simply Healthcare Plans of Florida, Inc. (“SHP”), an HMO based in Coral Gables, Florida. The equity investment will be used to fund expansion and acquisition efforts in Medicare and Medicaid. SHP is a licensed HMO in Florida that has been approved by the State to expand into the Medicare and Medicaid markets. MBF is sponsoring a seasoned managed care team that is led by Peter Jimenez, an exceptional executive with a long track record of value creation in managed care that has been credited with the success of two large HMOs in Florida, Physician Healthcare Plans, which was sold to Amerigroup Corporation in 2002, and Care Plus Health Plans, which was sold to Humana in 2005. [Read the full article]

Research and Markets( has announced the addition of the “Targeting Gen Y for Personal Loans” report to their offering.

RFI has produced a series of reports which focus on Generation Y (Gen Y) and their characteristics throughout different areas of retail banking. This report examines the behaviours of Gen Y in the personal lending arena, using the results from a survey of 2000 respondents. Areas examined include how Gen Y borrowers research their personal loans, how a lender is chosen, reasons for paying out early and satisfaction, as well as the alternatives to personal loans which are considered.

The report uses data from a July 2009 survey of current and prospective personal loan holders conducted by RFI. [Read the full article]

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