Around the P&C insurance industry: January 13, 2020

News from Hub International, Pathpoint, Betterview and more. (Photo: Shutterstock)

Hub International Limited acquired CAPAX Management and Insurance Services, Inc. Terms of the transaction were not disclosed. CAPAX is one of the largest locally owned insurance brokerage and employee benefits consulting organizations located in Central California. CAPAX provides multi-line insurance solutions, including personal and commercial, employee benefits products and risk management solutions for their clients. CAPAX’s expertise in bringing captive solutions to their clients and their focus on various industries, such as agribusiness, complements and strengthens Hub’s existing capabilities.

Hub International Limited also acquired certain assets of Christiansen Insurance Group, LLC. Terms of the transaction were not disclosed. Christiansen Insurance Group is a full-service insurance firm, specializing in property and casualty, personal insurance and employee benefits solutions. Ralph Christiansen, president of Christiansen Insurance Group, will join Hub Puerto Rico as senior executive vice president and report to region President and CEO Antonio Casellas.