NU Online News Service, Oct. 17, 1:40 p.m. EDT

San Francisco-based Wells Fargo & Co. says 2011 third-quarter income in its insurance-services segment improved 7 percent on a year-over-year basis, but dropped 26 percent on a quarter-to-quarter basis.

The banking company reports insurance services grew $26 million to $423 million from the third quarter last year to the third quarter this year.

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