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The brokerage network, part of (NYSE: WFC) said the deal closede June 1. Terms were not disclosed. Accordingh to has been in businesassince 1999, when it was founded by John and focuses exclusively on health and benefitss insurance, with customers in the hospitality, health-care, auto sales and home development Grady is now managing director of employeer benefits. Wells Fargo Insurance Services isthe world’s fifth-largesf insurance brokerage and the nation’s largest bank-ownesd brokerage, according to Business Insurance magazine’s 2008 list, with more than 200 officee in 37 states. The brokerage network has been on a buyinhgspree recently.
It bought Novato’s and in earlh April, and about a month before that acquire dWalnut Creek-based , an employee benefits consultinvg firm that also has offices in Houston and Seattle, amongt other deals in recent months.
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