HUB Announces Acquisition of U.S. Insurance Agency(1)

 

Press releases

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 Add Title:  HUB Announces Acquisition of U.S. Insurance Agency
Subtitle:
 Location:  None
 Date:    2000-03-30  
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The Hub Group Limited announces that it has signed a letter of intent to acquire C.J. McCarthy Insurance Agency, Inc. of Boston, Massachusetts. The McCarthy agency was founded by the McCarthy family in 1867 and has annual commission revenue of approximately US$12 million. Hub Group will issue common shares in partial consideration of the purchase price on closing, subject to regulatory approval. The closing is anticipated to be completed on or about May 15, 2000.

The Hub Group Limited is an international insurance brokerage which provides a broad range of commercial, personal, life, investment and risk management products.

 In the following box below, please add a contact information.
CONTACT:
Kirk James, V.P. & General Counsel at (416) 989-5866
 Please, enter the source in the following box.   
 SOURCE :   Hub International Limited