Hub Acquires Assets of California-Based The Ponce De Leon Insurance Group
Hub International Ltd. has acquired the assets of Elk Grove, Calif. The Ponce de Leon Insurance Group Inc., dba Colton Insurance Associates.
Terms of the deal were not disclosed.
The Colton team will join Hub’s Sacramento operations reporting to Rob McVicar, executive vice president of HUB California.
Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.
Popular Today
- Probe Into Death of Nurse on Home Visit Alleges Employer Failed to Protect Workers
- Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance
- An Origin Story: The History of the Professional Liability Underwriting Society
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court