USI Insurance Services (USI) agreed to acquire 42 of Wells FargoInsurance's brokerage and consulting locations across thecountry.

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As an effort to expand USI's presence as one of the leadingmiddle market insurance brokerage and consulting firms, theacquisitions will serve to compliment USI's full suite of propertyand casualty, employee benefits, personal lines, retirement andspecialty offerings.

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“We are honored to welcome this dedicated group ofinsurance professionals to USI, and we will work together to sharethe unique set of combined solutions and resources with our futureclients and associates,” said Michael J. Sicard, USI's chairman,president and chief executive officer.

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The agreement dictates that USI will acquire the following WellsFargo Insurance locations: (Ala.) Birmingham, Tuscaloosa; (Alaska)Anchorage; (Calif.) Fresno, Grass Valley; (Fla.) West Palm Beach;(Ga.) Savannah; (Idaho) Boise; (Ill.) Springfield; (Ind.) Elkhart,Fort Wayne; (Kan.) Overland Park; (Ky.) Lexington, Louisville;(Mich.) Grand Rapids; (Minn.) Grand Rapids, St. Cloud, Virginia;(Neb.) Omaha; (N.M.) Albuquerque; (N.D.) Bismark, Minot, ValleyCity; (Ohio) Dayton, Youngstown; (Ore.) Eugene, Newport; (Pa.)Erie; (S.C.) Columbia; (Tenn.) Knoxville; (Texas) El Paso; (Utah)Salt Lake City; (Va.) Abingdon, Bluefield, Grundy, Norfolk; and (W.Va.) Beckley, Charleston, Huntington, Martinsburg, Morgantown,Wheeling.

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“We look forward to building and expanding in these citiesand states with an innovative and comprehensive set of solutions,including middle market property-casualty, employee benefits,personal lines, retirement, programs, and other specialty lines,”Sicard said.

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The transaction is expected to close in the second quarter of2014. Terms of the agreement were not disclosed.

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