Hub Says Fourth Quarter Profit Fell 64%
NU Online News Service, Feb. 23, 3:49 p.m. EST?Hub International Ltd. reported lower profit on higher revenue for a fourth-quarter and full-year 2004 earnings decline that it attributed to an acquisition charge.[@@]
Last July the Chicago-based brokerage purchased Talbot Financial in a non-cash, stock-based deal. Management said it has not been impacted by regulatory probes into insurer fee payments to brokers for steering customers.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
