Insurance broker Hub International Limited has acquired the assets of Farr Insurance Group, a Venice, Florida-based insurance brokerage firm. Terms of the acquisition were not disclosed.
The company said Farr operations will become a part of Hub International Northeast Limited and principals Latimer and Cindy Farr will join Hub. The Farr team will continue to operate out of their existing locations in Venice and Sarasota, Florida.
Founded in 1978, Farr works with approximately 10,000 clients throughout Florida, with a large concentration in Sarasota County. It offers personal and commercial lines policies.
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
Insurers Avoid €580 Million Hit From Nord Stream Pipeline Blasts 
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
Developer Downplays Structural Concerns at ‘Unstable’ Midtown Manhattan Tower 
