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Wells Fargo reported first-quarter insurance segment earnings rose 7 percent, contributing to overall net income of $2.5 billion for the San Francisco-based bank.

Wells Fargo, BB&T, and BancorpSouth were cited for exceptional performance by Who's Who in Bank Insurance (WWBI), an annual study published by the Bank Insurance Market Research Group.

Christine Burden, is the business development leader for Wells Fargo Insurance Services' BridgeStreet Consulting Group Midwest operations.

Wells Fargo Insurance Services Inc. said it acquired two insurance agencies earlier this month, one in Florida and the other in Washington State.

Wells Fargo has bought iLeader, a single-office insurance brokerage in Tampa

Todd Wartchow has been promoted to senior finance officer of Wells Fargo Insurance Services.

Wachovia Insurance Services, Inc. has been re-named Wells Fargo Insurance Services USA, Inc., San Francisco-based Wells Fargo bank said.

Wells Fargo & Company has passed Citigroup Inc. in insurance brokerage income, according to a report issued by a bank insurance consulting firm.