Hub International Ltd. announced that Hub International of California Insurance Services Inc. (HUB California) has acquired JRN Benefits, Inc. Financial terms of the acquisition were not disclosed.
Based in Santa Barbara, Calif., the $1.2 million revenue broker provides employee benefits insurance and consulting services, with expertise in helping employers develop and administer qualified and non-qualified retirement plans and other benefit programs. John R. Nelson and his associates will continue to operate the JRN business.
“JRN will provide HUB California with an additional product line expertise,” said Kirk Christ, president of HUB California.
Headquartered in Chicago, Hub International Ltd. is an insurance brokerage that provides property and casualty, reinsurance, life and health, employee benefits, investment and risk management products and services.
Source: Hub
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
OpenAI Sued Over Claim That ChatGPT Drafted Lethal NC Poisoning Plan 
Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation 
Some 40% of Planned Data Center Capacity Is in States Wanting to Hit Pause 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
