Login Register Subscribe
Current Issue

Hub buys Florida broker

Reprints

Hub International Ltd. said Wednesday it has acquired Scarborough Company Insurance Inc.

Terms of the acquisition were not disclosed.

Gainesville, Florida-based Scarborough is a multiline insurance provider. Brian and Rick Scarborough, Scarborough's principals, will join Hub Southeast as executive vice presidents, Hub said in a statement.

Hub is the eighth-largest insurance broker worldwide, according to Business Insurance’s latest ranking. The company on Tuesday announced it has acquired multiline insurance brokers  Rossmann-Hurt-Hoffman Inc. and CIFS Inc.