Hub International picks up TX-based commercial truck insurance agency

Acquired independent insurance agency offers owner-operators and fleet managers comprehensive coverage options

Hub International picks up TX-based commercial truck insurance agency

Motor & Fleet

By Lyle Adriano

Hub International has acquired US Insurance Source (USIS), as well as several of its affiliates.

Terms of the transaction were not disclosed.

USIS, in Spring, TX is an independent insurance agency specializing in commercial insurance, which includes trucking insurance. The agency offers comprehensive coverages to help protect owner-operators, fleet managers and related freight and trucking companies.

The owner of USIS, Mark Walton, will join Hub Transportation and report to Hub Transportation executive vice-president Jerry Gillikin.

Last month, Hub acquired retirement consulting firm Sheridan Road Financial in Chicago and New York-based insurance provider The Rubin Group.

 

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