Latest Wells Fargo Headlines
All the headlines from our Wells Fargo Topic Page, ordered by recency.
Wells Fargo Insurance Develops Concussion Care Program
Jul 10 2009 // Wells Fargo’s Student Insurance Division and the Sports Concussion Institute (SCI) have launched Play It Safe Concussion Care, a new concussion management treatment and services solution for athletes nationwide. Play...
Wachovia Insurance Rebrands to Wells Fargo Insurance Services
Jul 8 2009 // San Francisco-based Wells Fargo & Co. said that Wachovia Insurance Services Inc. has changed its name to Wells Fargo Insurance Services USA Inc. The combined business makes Wells Fargo the world’s fourth largest...
Wells Fargo Insurance Services to Acquire Grady & Associates
Jun 4 2009 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., announced that it has signed a definitive agreement to acquire Grady & Associates, a single office, retail insurance broker in Las Vegas. The...
Business Moves
May 18 2009 // Wells Fargo Insurance Services, North Coast Surety Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies....
Wells Fargo Acquires North Coast Surety Insurance Services
Apr 23 2009 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., has acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies on April 1. Terms were not disclosed. Based in...
California AG Sues Wells Fargo Affiliates for Defrauded Investors
Apr 23 2009 // California Attorney General Edmund G. Brown Jr. filed suit against three Wells Fargo affiliates to recover $1.5 billion for California investors who purchased auction-rate securities based on “false and...
Experience Guides South Dakota’s New GSN Insurance Agency
Mar 25 2009 // GSN Insurance in Madison, South Dakota, only opened its doors on January 5 but already it has a veteran staff, a stable of loyal customers, and a carrier roster that would be the envy of many long-time independent...
People
Mar 9 2009 // San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance...
People
Feb 22 2009 // Andrew Fotopulos has joined Starkweather & Shepley Insurance Brokerage Inc. in Providence, Rhode Island as senior vice president. Fotopulos will lead the brokerage’s financial institutional practice. He will...
Start-Up Stories: How New Agencies Are Competing
Feb 8 2009 // A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that...
Wells Fargo Names Heads of Insurance Businesses
Jan 29 2009 // San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance...
Jones Retires From Wells Fargo Insurance; Wood to Lead West Operations
Dec 23 2008 // Wells Fargo Insurance Services, Inc. announces that Samuel L Jones, executive vice president of the west region and CEO of ABD Insurance and Financial Services (ABD), will retire from Wells Fargo effective with the merger...
Other Agency/Brokerage Transactions in 2008
Dec 21 2008 // Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix &...
Prudential to Sell Securities Brokerage Business Stake to Wells Fargo
Dec 4 2008 // Prudential Financial Inc., the second-largest U.S. life insurer, said it plans to sell its 38 percent stake in the Wachovia Securities brokerage to Wells Fargo & Co. The stake is worth about $5 billion, or more than...
Business Moves
Nov 30 2008 // Brown & Brown, Conner Strong Florida- based Brown & Brown Inc. said it has agreed to acquire the small business insurance unit of Conner Strong Companies, Inc., which is headquartered in Cherry Hill, New Jersey....
Wells Fargo Acquires Assets of Michigan’s Doeren Mayhew Risk Management
Nov 24 2008 // San Francisco-based Wells Fargo Insurance Services Inc. a bank-owned insurance brokerage and a subsidiary of Wells Fargo & Co., has acquired the assets of Troy, Michi.’s Doeren Mayhew Risk Management LLC. Doeren...
Wells Fargo Names Anderson Senior VP
Nov 17 2008 // Wells Fargo Insurance Services Inc. has added Bruce Anderson as a senior vice president and account executive in its Redwood City, Calif.-based Real Estate Practice. Anderson will specialize in the real estate and property...
Business Moves
Nov 2 2008 // The Hartford, Allianz SE The Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares...
Wells Fargo Acquires Emar Group
Oct 20 2008 // San Francisco-based Wells Fargo Insurance Services, part of Wells Fargo & Co., has acquired the EMAR Group, an independently owned commercial insurance agency headquartered in Livingston, N.J., with an office in...
Business Moves
Oct 20 2008 // Wells Fargo, Wachovia Wells Fargo & Co. has won the bidding for Wachovia Corp., beating out Citicorp. Citicorp, while stepping aside, said it plans to pursue damages for interference with the deal it had worked out...
