Hub International announced Tuesday that it has purchased the assets of First Santa Fe Insurance Services in New Mexico from its parent company, First National Bank of Santa Fe. Terms of the transaction were not disclosed.
Hub said First Santa Fe has locations in both Santa Fe and Albuquerque. The brokerage sells commercial and personal insurance lines.
First Santa Fe's operations will become a part of Hub New Mexico, led by New Mexico President Randy Perkins.
“First National is exiting the insurance business in order to focus on our core banking businesses in which we have deep e...
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