agency M&A 2016 News

Illinois-headquartered global insurance broker Hub International Limited reports that it has acquired certain assets of FirstBank Insurance Agency Inc. Terms of the acquisition were not disclosed. Based in San Juan, Puerto Rico, FirstBank is a general agency providing property/casualty insurance. …

Insurance agency mergers and acquisitions hit an all-time high for the first quarter of a year, with 109 reported transactions in the first three months of 2016. The pace slightly outstripped 107 deals reported in the first quarter of 2015, …