Martin Hughes News

Hub International Adds Seattle Employee Benefits Brokerage

Hub International Ltd. announced the acquisition of Tash Lyle & Jones, a Seattle employee benefits insurance brokerage. This fold-in acquisition will become part of Bush, Cotton & Scott, a regional subsidiary of Hub International, and its principals will report to …

Hub International Acquires Reinsurance Intermediary THB

Hub International Limited has entered the reinsurance brokerage market through the acquisition of THB Intermediaries, Inc., which was formed in Los Angeles more than 20 years ago. Terms of the cash and common stock agreement were not disclosed. THB, which …

Hub Revenue Jumps, But Earnings Decline in 4Q, 2004

Chicago-based Hub International Limited posted a 64 percent decline in net earnings to $3.9 million from $10.7 million a year earlier, despite a 33 percent increase in revenue to $104.4 million from $78.7 million and a 1 percent organic growth …

The Midwest’s Top 10 Newsmakers in 2004

What a long, strange trip it’s been. The year started with the two Chicago-area property/casualty insurance trade groups, the National Association of Independent Insurers and the Alliance of American Insurers, merging to form the Property Casualty Insurers Association of America. …

The Midwest’s Top 10 Newsmakers

Here Are the Heartlanders Who Made Insurance Headlines in 2004 What a long, strange trip it’s been. The year started with the two Chicago-area property/casualty insurance trade groups merging to form the Property Casualty Insurers Association of America. It continued …

Hub International Acquires Payne & Company

Hub International Limited announced that Hub International of California Inc., has purchased for an undisclosed amount of cash the assets of Payne & Company Insurance Brokers Inc. Payne was founded in 1973 and earns approximately $2 million in revenue from …

Hub Closes Talbot Acquisition

Chicago-based brokerage giant Hub International Ltd. announced completion of its previously announced acquisition of Talbot Financial Corp., a $100 million revenue insurance brokerage based in Albuquerque, New Mexico. The purchase for cash and stock fulfills an important component of Hub’s …

Hub International Purchases Mass. Firm

Hub International Limited announced that their Wilmington, Massachusetts-based hub, C.J. McCarthy Insurance Agency (McCarthy) has purchased for an undisclosed amount of cash the assets of Lyman Insurance Agency Inc. and Conly-Lyman Insurance Agency Inc. (Lyman). Lyman has two offices in …

Hub Announces Management Changes

Chicago-based brokerage giant Hub International Ltd. appointed W. Kirk James to the newly created role of chief corporate development officer. James has served as vice president, corporate secretary and general counsel at Hub since 1999. Meanwhile, Marianne D. Paine succeeded …

HUB’S REVENUES UP BY 24 PERCENT:

Chicago-based brokerage Hub International Ltd. reported that 2003 net earnings increased 24 percent to $36.5 million as revenue grew 30 percent to $286.4 million, boosted by organic growth and a strong Canadian dollar. Diluted earnings per share for the year …