Hub International Ltd. has acquired the assets of Carlsbad, Calif.-based Johnson & Wood Insurance Services Inc.
Terms of the deal were not disclosed.
Johnson & Wood President Ed Johnson, and Stuart Wood, vice president, will join Hub California and report to Travis McElvany, executive vice president of Hub California.
Johnson & Wood is a multi-line agency providing commercial and personal insurance services, as well as employee benefit products.
Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think
Acrisure to Buy MGA Vave From Canopius 

