Hub International Ltd. has acquired the assets of Elk Grove, Calif. The Ponce de Leon Insurance Group Inc., dba Colton Insurance Associates.
Terms of the deal were not disclosed.
The Colton team will join Hub’s Sacramento operations reporting to Rob McVicar, executive vice president of HUB California.
Colton specializes in personal lines insurance solutions.
Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
