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The brokerage network, part of (NYSE: WFC) said the deal closede June 1. Terms were not disclosed. According to has been in businesassince 1999, when it was foundec by John Grady, and focuses exclusively on healtuh and benefits insurance, with customers in the construction, health-care, auto sales and home development Grady is now managing directofr of employee benefits. Wells Fargo Insurancs Services isthe world’s fifth-largest insurance brokerage and the nation’s largest bank-owned brokerage, accordinb to Business Insurance magazine’s 2008 with more than 200 offices in 37 states. The brokerages network has been on a buyin gspree recently.
It bought Novato’s and in early and about a month beforre that acquiredWalnut Creek-based , an employe e benefits consulting firm that also has offices in Houstoj and Seattle, among other dealzs in recent months.
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