BB&T Insurance Holdings, a subsidiary of North Carolina-based BB&T Corp. (NYSE: BBT), says it has finished its acquisition of Regions Insurance Group from Regions Financial Corp. (NYSE: RF).
Terms were not disclosed.
BB&T Insurance Services is the fifth-largest insurance broker in the United States, operating more than 200 offices through its various subsidiaries. Regions Insurance serves more than 60,000 clients across the Southeast, Texas and Indiana.
