Chicago-based insurance broker Hub International reported netincome rose more than 200 percent in the second quarter based onstrong performance by its producers.
"We are really pleased with the results we posted, particularlyfor us because it is the result of a lot of hard work that we haveput into organic growth," said Martin P. Hughes, chairman and chiefexecutive officer, during an analyst's conference call today.
Mr. Hughes said the company does not "have much exposure in thecat exposed areas, so for us to keep posting better organic growthsequentially, and to be able to demonstrate that we can grow thisbusiness in spite of the soft market, is really pleasing tous."
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