Commercial

Hub acquires Kentucky brokerage

Broker consolidator Hub International Ltd. (TSE, NYSE: HBG) has acquired a new Kentucky unit through its Hub International Midwest “hub” operation. Purchased is Madisonville, Kentucky-based brokerage Wilson & McPherson Inc.Wilson & McPherson, more than 135 years old, is focused on mid-size commercial clients, bringing in revenue of about US$500,000 annually. The brokerage will remain in […]

By Canadian Underwriter | April 3, 2003

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Hub expands New York network

Broker network consolidator Hub International Ltd. (TSX: HBG) has acquired the assets of Manhattan, New York-based Waldron Mahoney Inc. for an undisclosed cash sum through the group’s Kaye Insurance Associates Inc. Waldron specializes in serving the insurance needs of high-net worth individuals and mid-sized commercial accounts, generating about US$700, 000 in annual revenue.Wright Olney, founder […]

By Canadian Underwriter | March 2, 2003

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Hub expands Michigan operations

Michigan, U.S.-based Burnham Insurance Group Inc., a regional group operation of broker network consolidator Hub International Ltd. (TSX: HGB), has acquired Alberts Insurance Agency Inc. for an undisclosed cash sum. Alberts is located in southwestern Michigan.A Hub media statement notes that Alberts generates about US$325,000 in annual revenue, primarily through small to mid-sized commercial insurance […]

By Canadian Underwriter | January 30, 2003

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Correction (September 01, 2002)

In the May 2002 Statistical Issue, the incorrect logo was placed with 2001 statistics for London Guarantee. CU apologizes for any confusion the error may have caused.

August 31, 2002

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