Hub acquires specialty brokerage

Hub International Ltd. (NYSE/TSX: HBG) has purchased Post & Kurtz, Inc., an employee benefits insurance brokerage that specializes in serving law firms and other service entities.
Post & Kurtz will be integrated into New York-based Hub International Northeast.
Marc I. Cohen, president and chief executive officer of HUB Northeast , says the acquisition will work towards developing its already established employee benefits capabilities.
The newly added team will report to Thomas Mangan, president of HUB Northeast’s Benefits Division.
Terms of the cash transaction were not disclosed.