Hub Acquires Assets of California-based Johnson & Wood

Hub International Ltd. has acquired the assets of Carlsbad, Calif.-based Johnson & Wood Insurance Services Inc.

Terms of the deal were not disclosed.

Johnson & Wood President Ed Johnson, and Stuart Wood, vice president, will join Hub California and report to Travis McElvany, executive vice president of Hub California.

Johnson & Wood is a multi-line agency providing commercial and personal insurance services, as well as employee benefit products.

Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.