Hub International Limited has completed it’s acquisition of Personal Lines Insurance Brokerage Inc. (PLI) from Warren, N.J.-based insurance carrier The Chubb Corporation.

Terms were not released. However, when Hub announced the acquisition Aug. 1, the Chicago-based broker said valuation of the deal was within its range for acquisitions, which is five-to-seven times EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).

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