The Climate Corporation October 11, 2011, WeatherBill changed its name to The Climate Corporation. In June 2013 the U.S. Department of Agriculture's Risk Management Agency authorized the Climate Corporation to administer federal crop insurance policies for the 2014 crop year. In October, 2013 Monsanto announced that it was acquiring the company for approximately $1.1 billion. In November 2013 the company launched Climate Basic and Climate Pro, a set of advisory tools for farmers utilizing data science to help farmers make optimal decisions. In February 2014 the company announced it merged with Monsanto’s Integrated Farming System and Precision Planting divisions. In February 2014 the
Monsanto legal cases where a farmer was found to be willfully infringing Monsanto's patent, the damages awarded to Monsanto were found to be non-dischargeable in the farmer’s Chapter 7 bankruptcy, as they "fell within the Bankruptcy Act’s exception for willful and malicious injuries." Monsanto has been criticized for a mistaken lawsuit. In 2002, Monsanto mistakenly sued Gary Rinehart of Eagleville, Missouri for patent violation. Rinehart was not a farmer or seed dealer, but sharecropped land with his brother and nephew, who were violating the patent. Monsanto dropped the lawsuit against him when it discovered the mistake. It did not apologize for the mistake