Raleigh, N.C.-based insurance broker BB&T Insurance Services said it plans to expand its Florida operation with the acquisition of Burkey Risk Services. Terms of the deal were not released.

Burkey Risk Services provides risk management and employee benefits services from its headquarters in Maitland, Fla., and its south Florida office in Boynton Beach. Burkey's subsidiary, Hotel Insurance Programs of America Inc., specializes in risk management services for hotels.

Wade Reece, chairman and chief executive officer of BB&T Insurance Services, said the firm wanted to enter the Orlando area for some time and this acquisition allows for that entry.

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