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USI Insurance Services has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA (WFIS), which includes its insurance brokerage and consulting, employee benefits and property & casualty national practices, along with safehold special risk, small business insurance, student insurance, individual health and private risk management insurance business lines. Terms of the transaction were not disclosed. 

Related: Will Wells Fargo & Co. sell its insurance brokerage business?

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