NU Online News Service, Jan. 19, 2:53 p.m. EST
Winston-Salem, N.C.-based bank BB&T Corp. says fourth-quarter net income in its insurance-brokerage business increased 4 percent over the previous year, primarily on the strength of the combination of acquisitions and P&C sales.
The company reported fourth-quarter insurance net income of $26 million, an increase of $1 million over 2010′s fourth quarter.
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