USI Insurance Services (USI), based in Valhalla, N.Y., has closed the acquisition of CHS Insurance, formerly part of Minnesota-based fuel, grain and food cooperative, CHS Inc.
CHS Insurance is one of the nation’s largest agribusiness insurance brokers and a leading insurance provider of agriculture cooperatives in the United States. It has provided insurance and risk management solutions to agribusiness, food processing, petroleum and agricultural cooperatives for 80 years.
Formerly known as Ag States Group, the name was changed to CHS Insurance Services in 2013.
Terms of the transaction were not disclosed.
Source: USI Insurance Services
Was this article valuable?
Here are more articles you may enjoy.
The Great Modern Train Robbery: Thieves Steal $200 Million a Year 
Allstate Introduces Large Language Model, ALLIE 
UnitedHealth Investor Suit Alleges Security, Governance Lapses 
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review 
