BB&T Corp. of Winston-Salem, N.C., said Tuesday that its insurance unit has made an acquisition in Florida.
BB&T Insurance Services bought Oswald Trippe and Co. Inc. of Fort Myers, the $165 billion-asset parent company said. The acquisition includes 130 employees and offices across southwest Florida. It does not include four Oswald Trippe offices in North Carolina. The sale price was not disclosed.
Oswald Trippe's products include commercial property and casualty, individual life and health and employee benefits.
This story has been reprinted with permission from American Banker.
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