Hub International Ltd. has acquired the assets of Carlsbad, Calif.-based Johnson & Wood Insurance Services Inc.
Terms of the deal were not disclosed.
Johnson & Wood President Ed Johnson, and Stuart Wood, vice president, will join Hub California and report to Travis McElvany, executive vice president of Hub California.
Johnson & Wood is a multi-line agency providing commercial and personal insurance services, as well as employee benefit products.
Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Plymouth Rock Launches ChatGPT for Home Insurance Quotes
Allstate Introduces Large Language Model, ALLIE
OpenAI Finds Evidence Other AI Agents Escaped Containment as it Widens Probe
‘Tow Godz’ and Auto Glass Businessmen Charged in Carolina Fraud Schemes 

