NU Online News Service, MAY 1, 10:05 a.m. EDT

Chicago-based insurance broker Hub International Ltd. said it is selling some of its Florida book of business back to former brokerage owner Hector Fortun. Transaction terms were not released.

Privately held Hub said the sale involves Hub International Florida, including ABCO Insurance Underwriters (wholesale), ABCO Premium Finance and a specialized commercial lines book of business.

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