Hub International News

Hub International Acquires P/C Book from Montreal Broker Daniel Picard

Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard. Terms of the acquisition were not disclosed. Daniel Picard’s property and casualty insurance book of …

HUB International Adds Del Grande, Torres in California

Hub International of California has named Jason Del Grande vice president of employee benefits. Del Grande will join the San Francisco employee benefits team, which shares servicing responsibility with 10 sister offices in Northern California. Hub has also added Maria …

HUB Adds Shipp to Commercial Markets Team in Central California

HUB International of California has named Geoffrey Shipp a commercial markets producer, risk management advisor and senior sales management trainee. Shipp will affiliate with HUB’s Central Coast offices as well as the Pasadena and Westlake Village offices. Shipp has a …

Hub Acquires Delisle Agencies of Canada

Global insurance broker Hub International Ltd. has acquired Delisle Agencies Ltd. of Delisle, Saskatchewan, Canada. Terms of the acquisition were not disclosed. The family-owned Delisle Agencies specializes in personal lines and government automotive insurance solutions. Rob Ouellette, president, will join …

Hub International’s Cohen to Add CEO Role in 2018

Global insurance broker Hub International Limited (HUB) has named Marc Cohen, currently president, as president and chief executive officer, effective January 1, 2018. He will also be a member of the board of directors. Cohen will be succeeding as CEO …

Hub International Western Region President Taylor to Retire

Hub International Limited, a global insurance brokerage, announced Roy Taylor, president of the Western Region for HUB, is retiring effective Jan. 1, 2018, after a 14-year career with the company. According to the company, during his tenure Taylor guided the …

HUB California Adds Brown & Brown’s Caster as Account Executive

HUB International of California has named Adam Caster an account executive and producer in its La Palma office. Caster reports to Steve Vicencia, executive vice president of HUB International Insurance Services Inc. Caster has been in the risk management and …

Stake in Insurance Broker HUB International Could be Sold: Reuters

Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7 billion, including debt, people familiar …

Failed Fyre Festival and a Lesson in Events Insurance

Already facing numerous lawsuits, Fyre Festival organizer Billy McFarland was arrested on federal charges last week. The government alleged he defrauded investors who bought into Fyre Media Inc., the New York-based company behind the music festival which collapsed so spectacularly …

MarketScout Sells Workers’ Compensation Business to Specialty Program Group

Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group. MarketScout said it sold the specialty unit, which it said handles $100 million in business, …