Hub International: Earnings Up 319%
NU Online News Service, Aug. 9, 3:20 p.m. EST?Insurance broker Hub International reported a second-quarter income jump of 319 percent over 2001, fueled by the firm's acquisition strategy and an increase in commission income.
The Chicago and Toronto, Canada- based company reported that net income for the second quarter, ending June 30 of this year, was $10.7 million. This is compared to $2.6 million for the second quarter of 2001, an increase of $8.1 million.
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