NU Online News Service, Jan. 24, 12:33 p.m. EST

BB&T Insurance Services said its revenues dropped 4 percent in the 2010 fourth quarter compared to the same period for the previous year.

BB&T, the insurance subsidiary of Winston-Salem, N.C., bank BB&T Corp., reported insurance income of $249 million in the 2010 fourth quarter compared to $260 million for the same period ending 2009, down $11 million.

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