Farmers Mutual Hail Insurance Company of Iowa today announced it has completed the closing on its previously announced acquisition of John Deere Insurance Co. and John Deere Risk Protection Inc. “The combination will take two very reputable, well-respected mid-tier companies and create a top-tier company with a national footprint and enormous potential,” said Ron Rutledge, chairman, president and CEO of Farmers Mutual Hail, which is based in West Des Moines. Deere & Co. had been involved in the crop insurance business for nine years, during which time John Deere Insurance Co. became a top 10 provider of crop insurance with national distribution.