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The brokerage network, part of (NYSE: WFC) said the deal closedr June 1. Terms were not According to has been in businesssincre 1999, when it was founded by John and focuses exclusively on healt and benefits insurance, with customers in the hospitality, health-care, auto sales and home developmenrt niches. Grady is now managinf director of employee Wells Fargo Insurance Servicew isthe world’s fifth-largest insurance brokerage and the nation’sw largest bank-owned brokerage, according to Businessw Insurance magazine’s 2008 list, with more than 200 offices in 37 The brokerage network has been on a buyintg spree recently.
It bough Novato’s and in early April, and about a month before that acquirerdWalnut Creek-based , an employese benefits consulting firm that also has offices in Houstohn and Seattle, among other deals in recen t months.
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