BB&T Insurance News

BB&T to Buy Swett & Crawford for $500M

Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to acquire CGSC North America Holdings Corp. for …

BB&T Insurance CEO Reece to Retire; Howard Named Successor

Winston-Salem, N.C.-based BB&T said that H. Wade Reece, chairman and CEO of BB&T Insurance Holdings Inc., will retire at the end of the year. Reece will complete a 37-year career with BB&T in which BB&T Insurance Holdings has grown through …

BB&T Ups Stake in AmRisc Agency, Divests Insurer American Coastal

Raleigh, North Carolina-based insurance broker BB&T Insurance Holdings Inc. has reached an agreement to significantly increase its partnership interest in AmRisc, a managing general underwriter for commercial property risks based in In a related agreement, its parent, BB&T Corp., has …

BB&T in Florida Promotes Condo-Specialist Littlestone

Florida’s BB&T Insurance Services has promoted Gino Littlestone to senior vice president in BB&T-Oswald Trippe and Co.’s commercial lines division specializing in condominiums. Littlestone has been employed with BB&T-OTC for more than 18 years. He received BB&T-OTC’s President’s Club Award …

BB&T Taps Robinson as Agency Operations Manager in Calif.

BB&T Insurance named Andrea Robinson agency operations manager for its Pleasanton, Calif. office. Robinson brings 20 years of experience in the insurance industry to her new role. She has experience at both carrier and brokerage companies. Raleigh, N.C.-based BB&T Insurance is …