Hub said Kaye Insurance Associates, the largest retail brokerage unit of Hub's New York subsidiary, Kaye Group, purchased the assets of Nenner, a specialist in transportation and warehousing coverage for trucking businesses that earned $3 million in revenues in 2001.
Kaye president & CEO Bruce Guthart said the Nenner purchase is "an example of our growth strategy to expand our market breadth with successful specialty agencies and brokerages."