Illinois-headquartered global insurance broker Hub International Limited reports that it has acquired certain assets of FirstBank Insurance Agency Inc.
Terms of the acquisition were not disclosed.
Based in San Juan, Puerto Rico, FirstBank is a general agency providing property/casualty insurance. It is a subsidiary of First Bancorp, a diversified financial institution also based in San Juan.
Acquired assets will be a part of Hub Puerto Rico, according to the announcement.
Source: Hub International
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review 
Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins 
Judge Nixes Uber’s RICO Suit Alleging NY Lawyers, Doctors Conspired on Auto Claims 
Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes? 
