Hub International Limited announced the acquisition of Cross Border Underwriting Services Inc. (CBUS), a Toronto-based wholesale insurance brokerage. CBUS will become part of The Wholesale Insurance Group Inc., a subsidiary of The Hub Group (Ontario) Inc., the company’s Toronto-based hub. …
Chicago-based brokerage Hub International Ltd. reported strong growth in the second quarter and first half of 2003, leading the company to update its earnings guidance for the full year. All financials are reported in U.S. dollars. “The underlying performance of …
Chicago-based Hub International announced that it anticipates 2002 earnings per share will be in a range of US$1.04-1.06 per share, slightly higher than the US$1.03-1.05 estimate disclosed last month. The company also reaffirmed that it anticipates earnings per share will …
Chicago-based Hub International Limited announced an agreement to purchase Fifth Third Insurance Services, Inc., an insurance brokerage subsidiary of Cincinnati-based Fifth Third Bancorp. “The acquisition, which is expected to close in 2002, will be paid for with cash,” said the …
Hub International Limited announced that it has reached an agreement in principle to purchase the stock of Hooper, Hayes & Associates Inc., a Los Angeles-based insurance brokerage firm founded in 1946. Included in the purchase is Hooper’s wholly-owned employee benefits …
Chicago-based Hub International Limited (Hub) announced an agreement to sell its underwriting subsidiaries, Old Lyme Insurance Company of Rhode Island Inc. and Old Lyme Insurance Company, Ltd. (Old Lyme) to Fairfax Inc. (Fairfax) of Toronto. Fairfax is a subsidiary of …
