NU Online News Service, Nov. 29, 1:19 p.m. EST
Chicago-based insurance broker Hub International Limited said it has signed a definitive agreement to acquire the assets of Byars Thompson Buchanan Insurance & Financial Services, LLC (BTB).
Financial terms of the acquisition were not disclosed.
Based in Santa Maria, with an office in Paso Robles, Calif., BTB was formed in 1992. The insurance brokerage firm, with a staff of more than 20 according to its website, works primarily with middle-market businesses across the central California coast on their property and casualty and life and health insurance programs, with a niche in agriculture property and liability. Additionally, BTB has a personal lines practice.
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