BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Hub acquires far-flung agency


Global insurance broker Hub International Ltd., announced Tuesday the acquisition of BW Insurance Agency Inc., a wholly-owned subsidiary of Bank of the West, adding presence to Hub in eight states including Colorado, Iowa, Minnesota, Nebraska, North and South Dakota, Oregon and Wyoming.

Terms of the transaction were not disclosed, Hub said in a statement.

BW Insurance Agency Inc. will become part of Hub's regional operations including Hub Mountain, Hub Colorado, Hub Northwest, and Hub Midwest.

Employees of Fargo, North Dakota-based BW Insurance who remain with Chicago-based Hub will either stay in existing locations that will become new Hub offices or relocate to nearby existing Hub regional offices. BW's Chief Administrative Officer Wayne Dauwen, will join Hub as chief operating officer, Hub Mountain, based in the Fargo, North Dakota office. Other regional sales and operations leaders also will join Hub, the statement said.

Hub International Ltd. is ranked 9th on Business Insurance's latest ranking for “World's 10 Largest Brokers.”

Read Next