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Wachovia is a major insurance brokerage player, ranked in the top 15 insurance brokerage firms in the United States. The company says it employs more than 1,300 insurance professionals, with annual re

The Cherry Hill, N.J.-based firm said Commerce Insurance Services was sold to a group led by George E. Norcross III, the brokerage's chairman, and Michael Tiagwad, Commerce Insurance Services presid

FBI agents, in a New Jersey undercover sting, ran a phony insurance brokerage operation that was able to bribe public officials all over the state to influence contracts, leading to the arrest of 12 p

Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. said it has expanded into New England with the acquisition of Boston Insurance Brokerage Inc. Terms of

The nation's bank holding companies reported their insurance brokerage fee income grew more than 10 percent in 2006, while total insurance revenue decreased 1.3 percent--a drop attributed to a reducti

The level of merger and acquisition activity within the insurance distribution system has been active for years. Up until recently, the volume of activity has been driven by financial institutions,

Behind Citibank on the list was BB&T (Branch Banking and Trust Company) with $799.4 million in insurance revenue. FIA Card Services was third, but saw its revenues drop 26 percent, or $66 million, to

Five major insurance brokers will find it difficult to grow revenues through 2007, as they continue to be challenged by the soft market and making adjustments to life without contingent commissions, s