Tax deductions for equipment purchases
The IRS tax code Section 179 deduction is a way to reduce the total cost of new equipment and machinery by enabling the buyer to claim full depreciation in year one.
Read MoreOn the latest Our Ohio Weekly, Nationwide Agribusiness associates share how they are on the forefront of agriculture innovations, their new department focusing on larger operations and how they take risk management to the next level.
Over the last 90 years, Nationwide has grown from a small mutual auto insurer started by Ohio Farm Bureau members to one of the largest insurance and financial services companies in the world. Early growth came from working together with other Farm Bureaus that sponsored the company. Today, the Fortune 100 company offers a full range of insurance and financial services across the country and remains the largest farm insurer in the county. On this Our Ohio Weekly, learn more about Nationwide Agribusiness as we visit its Des Moines, Iowa headquarters.
00:00 – Brad Liggett, president of Nationwide Agribusiness, talks about the priorities that his team and him have as they work with farmers and agricultural companies across the country.
16:50 – One of the newest additions to the Nationwide Agribusiness structure is a Large Farm Department. Justin Owens, director of commercial lines underwriting and Emily Berrier, associate vice president of farm underwriting have the details about this new department.
23:50 – Erin Cumings, senior consultant of Sponsor Relations for Nationwide Agribusiness talks about how being a farmer helps her relate company services to Nationwide policyholders.
32:20 – Supply chain and inflation are having an impact on the insurance industry. Nationwide Vice President of Agribusiness and Commercial Lines Claims Nickolas Andersen shares what policyholders should keep in mind as these challenges persist.
42:20 – Many Nationwide Agribusiness associates, including Manager of Risk Management Consulting Emily Atwood, are farmers. She shares how her knowledge of agriculture feeds her career in downtown Des Moines.
The IRS tax code Section 179 deduction is a way to reduce the total cost of new equipment and machinery by enabling the buyer to claim full depreciation in year one.
Read MoreTo manage the risks of their business, Orrson Custom Farming follows strict safety protocols, provides ongoing training for crew members and keeps insurance coverage updated.
Read MoreBeekeepers need to be very clear about the goals of their business endeavors with all parties, including their insurance agent, no matter how big or small the bee farm is.
Read MoreWe talk fire prevention on the farm with Nationwide and health care saving in agriculture on this Ohio Farm Bureau Podcast.
Read MoreLearn more about the Buckeye Agricultural Leadership Pathways program from CFAES’ Dean Cathann Kress on this Ohio Farm Bureau Podcast.
Read MoreThe Millers lost their house and barn to a tornado. The community and Nationwide have helped them begin to bounce back.
Read MoreRansomware is one type of attack that can prove particularly costly — but there are ways you can help prevent ransomware attacks.
Read MoreTo help the agricultural industry meet the ever-changing concerns of its stakeholders when it comes to climate, Nationwide and The Ohio State University have collaborated to form the AgTech Innovation Hub.
Read MoreWilber-Price Insurance Group, Ltd. is an insurance and financial services firm located in southern Ohio. It has locations in Chillicothe…
Read MoreScioto County Farm Bureau set up a membership table at the Scioto County Fair to talk with members and non-members…
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