Hub Buys Specialty Brokerage in Canada

Hub International Limited announced Wednesday that one of its subsidiaries entered into a definitive agreement to acquire all of the stock of Totten Insurance Group, a Canadian specialty insurance wholesaler that develops niche products and provides solutions for unusual lines of business. Totten, together with Hub Ontario's existing wholesale companies, will operate as a separate hub in concert with Hub International's other Canadian wholesale operations across Canada, the brokerage said in a press release. Formed in October 2002, Totten has established strong relationships with both d...