Chicago-based insurance broker Hub International Ltd. said it has acquired Gemini Group Inc., a Denver-based employee benefits broker and consulting firm. Financial terms were not released.

Gemini was formed in 2002 by Rod Regalado, George Issaeff and Danny Talley as a merger of their individually owned brokerages.

Mr. Regalado will now assume responsibilities as Hub's employee benefits practice leader for Colorado, and Mr. Issaeff and Mr. Talley will continue serving as senior consultants and brokers working with key clients.

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