Hub International Limited (Hub), a Chicago-based global insurance brokerage, has acquired the assets of United Shortline Insurance Services Inc. (USIS) in Port Austin, Mich.
Terms of the transaction were not disclosed.
USIS specializes in the shortline and regional railroad insurance program and association market and has remained exclusively focused on the insurance needs of the shortline railroad industry for more than 30 years.
Hub said USIS will complement and strengthen its growing rail practice in Kansas City, Missouri.
Louis Schillinger, owner and CEO of USIS, will join Hub Mid-America and report to Paul Cohen, area president of Hub in Kansas City, Missouri.
Source: Hub International Limited
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