The president of BB&T Insurance Services has a message for owners of employee benefits agencies in areas where his company already has a property and casualty agency.
"We're looking to continue buying; we're not done," said Wade Reece, president of the insurance unit of $70.3 billion-asset BB&T Corp. of Winston-Salem, N.C. His latest employee benefits agency acquisition was the deal announced Monday for Professional Benefits Management Inc. in Greensboro, N.C., which is to cross-sell with BB&T Poole Insurance, a property and casualty agency in Greensboro that BB&T bought in the mid-1990s. Terms of the deal, which is expected to close in February, were not …