August 2, 2005 by Canadian Underwriter
Hub International Limited (NYSE/TSX: HBG) through its San Diego office of the company’s California-based regional hub, Hub International Limited of California, has implemented the fold-in acquisition of the transportation speciality agency Kline Transportation Insurance, Inc. Terms of the acquisition were not disclosed.
“Rick Kline and his team have built a strong reputation and client base in the Southwest region, specializing in insurance related to all types of transportation,” Kirk Christ, president of Hub California, says.
Kline adds that by establishing a strong track record and solid customer relationships, his Company has been able to add new clients and services as part of Hub California.
Kline generated a revenue of approximately $1.2 million during 2004 and, since its founding in 1992, has become known for its limousine, bus and truck insurance expertise.
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