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Subscriber only, premium content. Friday, September 30

Hub acquires Florida agency

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Hub International Ltd. has acquired the assets of Ballard Insurance Agency, a Melbourne, Florida-based insurance brokerage.

Terms of the acquisition were not disclosed.

Hub said in a statement that Ballard will become part of the Hub International Florida operations.

“The acquisition will enable Ballard to deliver a full-service commercial line solution and broaden its expertise in personal lines insurance,” said Hub in the statement.

Hub Florida also said that it will relocate its Melbourne office to Ballard's existing Melbourne location.