Hub Acquires Assets of Baird in California

Hub International Ltd. acquired the assets of Jerry Baird Insurance Agency and Baird Crop Insurance Agency.

Terms of the deal were not disclosed.

Fresno, Calif.-based Baird specializes in crop and commercial insurance, particularly in the agribusiness and farm industry.

Jace Baird, president of Baird, will report to Michael Der Manouel, executive vice president of Hub California Central Valley. The Baird team will join Hub California.

Chicago, Ill.-based Hub is a global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services.