Global insurance broker, Hub International Limited (Hub), announced that its Chicago-area region Hub International Midwest (Hub Midwest) has acquired the assets of Ruhl & Ruhl Insurance, based in Davenport, Iowa.
Terms of the acquisition were not disclosed.
Founded in 1862, Ruhl & Ruhl is a multi-line insurance brokerage. The firm has been servicing Eastern Iowa and Western Illinois with insurance and risk management services for over 150 years.
The acquisition expands Hub Midwest’s geographic footnote in Iowa and enables the Ruhl & Ruhl team to continue serving as a local market adviser, while leveraging the resources of a global brokerage.
Hub Midwest already has offices throughout Illinois and Wisconsin.
Source: Hub International
Topics Mergers & Acquisitions Agencies
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