Chicago-based Hub International Ltd. announced that its Transportation Insurance operating unit has acquired the retail book of business from Maple Leaf Insurance Agency Inc., a Bremerton, Wash.-based brokerage firm that serves trucking companies throughout the United States. Terms of the acquisition were not disclosed.
The acquisition enables Hub to expand its transportation presence in the Pacific Northwest and enhance its relationship with top-rated insurance carriers who specialize in serving the transportation industry, the company said. Additional resources from Hub’s Oregon office will supplement the Maple Leaf customer service staff joining Hub.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk 
CVC-Backed Home Insurance Firm Bamboo Said to Postpone IPO 
Are Software Vendors Holding Insurers Hostage? Build Your Own, Webinar Says 
Musk’s Boring Co. Working on Tunnel to Link Austin and San Antonio 
