Jul 26, 2016 · Everest Re Group announced yesterday that it has signed a Letter of Intent (LOI) for the sale of its U.S. crop insurance company, Heartland Crop Insurance, Inc., to CGB Diversified Services, Inc. (CGB DS) with whom, once the sale is completed, Everest will enter into a strategic long term reinsurance relationship.

Heartland, headquartered in Topeka, Kansas, is a specialty underwriter of crop insurance, offering comprehensive multi peril crop and crop-hail insurance products through its broad distribution network. With estimated premium of $300 million, Heartland ranks among the larger underwriters of U.S. crop insurance business.

Aug 26, 2016 · Everest Re Group Ltd. has finalized the sale of its U.S. crop managing general agent, Heartland Crop Insurance Inc., to CGB Diversified Services, Inc. for $49 million.

Jul 26, 2016 · CGB Enterprises, the closely held provider of transportation and storage services, agreed to buy Heartland Crop Insurance from Everest Re Group Ltd. to expand its offerings to the agriculture industry.

Feb 12, 2016 · Everest Re Group, Ltd. has formed a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS).

Everest Re Group, Ltd. announces strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS). This new and exclusive partnership will deliver GARS Production Cost Insurance to farms across the U.S. through Heartland agents.

Jul 27, 2016 · After signing a letter of intent (LOI) to sell crop insurance company Heartland Crop Insurance, Everest Re Group plans to enter into a strategic long term reinsurance relationship CGB Diversified Services (CGB DS).

Heartland Crop Insurance (HCI) is one of the most highly respected crop insurance names in the industry. Use the CB Insights Platform to explore Heartland Crop Insurance's full profile.

Aug 26, 2016 · Everest Re Group, Ltd. (RE) recently closed the sale of its U.S. crop insurance company, Heartland Crop Insurance, Inc., to CGB Diversified Services, Inc.

Jan 4, 2011 · On Monday, Everest Re Group Ltd. announced that it bought Heartland Crop Insurance Inc. in an effort to expand into a different area of the insurance industry. Everest Re paid $55 million for Heartland, plus an agreed upon value of the net assets of the company, with an additional contingency of up to $13.5 million based on future performance.