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Wells Fargo Insurance Services USA Inc., part of Wells Fargo & Company, has acquired Kinney Agency Inc., a commercial insurance brokerage firm located in Albuquerque, New Mexico. The acquisition closed on July 1. Terms of the transaction were not disclosed.

Serving customers in New Mexico since 1963, Kinney Agency provides commercial property and casualty insurance, specializing in contractor’s general liability, contract surety bonding and other construction-related risks, as well as retail and light industrial risks. The firm also offers customers employee benefits and personal insurance services.

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