Hub International Limited reported that the previously announced agreement to purchase the stock of Hooper, Hayes & Associates, Inc. (Hooper), a Los Angeles-based insurance brokerage firm founded in 1946, and Hooper’s wholly-owned employee benefits affiliate, Brentwood Benefits & Consultants, Inc., has been completed.
The transaction was made with a combination of stock and cash. Hooper has annual revenues of about $5.3 million.
Hooper will assume management of Kaye-Western Insurance & Risk Services, Inc., Hub’s existing retail brokerage unit in Arcadia, Calif. This will create Hub’s 10th North American “hub” brokerage center and establish for Hub a West Coast operation in the U.S. from which it can continue to grow its market share within that geographic region.
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
What Analysts Are Saying About the 2026 P/C Insurance Market 
