Latest Wells Fargo Headlines

All the headlines from our Wells Fargo Topic Page, ordered by recency.

Wells Fargo Insurance Services Acquires Prestige Professional Plans

Jan 5 2011 // Chicago-based Wells Fargo Insurance Services USA Inc. announced it acquired Prestige Professional Plans, a single office, employee benefits insurance brokerage firm located in Dayton, Ohio. The acquisition closed on Dec....

Wells Fargo Insurance Services Acquires Kinney Agency

Jul 1 2010 // Wells Fargo Insurance Services USA Inc., part of Wells Fargo & Co., announced it has acquired Kinney Agency Inc., a single office, commercial insurance brokerage firm located in Albuquerque, N.M. The acquisition closed...

Business Moves

May 17 2010 // Security Planning, CSIPros Salt Lake City-based Security Planning & Insurance Corp., an insurance carrier in the childcare industry, launched Charter School Insurance Professionals (CSIPros), an insurance company to...

Wells Fargo Insurance Services Acquires AIM Administration Agency

Apr 30 2010 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., has acquired AIM Administration Inc., a single office, employee benefits insurance brokerage firm located in Salt Lake City. The acquisition closed on...

Wells Fargo Insurance Services Names Flick Account Exec in North Dakota

Apr 2 2010 // Wells Fargo Insurance Services has hired Lisa Flick as a commercial lines account executive in the Fargo, N.D., office. Flick will be responsible for servicing an existing book of commercial lines business. Flick joins...

Wells Fargo Insurance Names Marchant as Southeast Leader

Mar 31 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was...

M&A Activity at Decade Lows

Feb 21 2010 // Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and...

Wells Fargo Insurance Appoints Delich in Colorado Springs

Feb 11 2010 // Wells Fargo Insurance Services has named Charles Delich branch manager for its office in Colorado Springs, Colo. Delich is responsible for leading the service and sales teams in Colorado Springs, including a focus on...

People

Jan 10 2010 // Global insurance broker and risk advisor Marsh appointed Philip Gawthorpe as Multinational Client Service Practice leader for the Midwest Zone. Gawthorpe, who has more than 30 years of insurance industry experience, will...

People

Jan 10 2010 // Virginia-based specialty insurer Markel Corp. announced that its President and Chief Operating Officer Paul W. Springman resigned. Springman had been on a leave of absence since late October. The Independent Insurance...

2009 P/C Insurance Mergers, Acquisitions Large and Small

Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....

Wells Fargo Appoints San Francisco Broker

Dec 15 2009 // Wells Fargo Insurance Services is pleased to announce Jennifer Schaeffer is a senior broker with the Professional Risk Group. Schaeffer will be based in San Francisco, Calif. She will focus on directors’ and...

Wells Fargo Appoints Chicago Finance Officer

Dec 15 2009 // Wells Fargo Insurance Services has named veteran Wells Fargo executive Todd Wartchow as senior finance officer. Based in the company’s corporate office in Chicago, Wartchow is responsible for directing financial...

Wells Fargo Insurance Buys Agencies in Florida, Washington

Dec 8 2009 // Wells Fargo Insurance Services, Inc. has acquired iLeader Risk Management Solutions, a single office, insurance brokerage located in Tampa, Fla., and Orca Bay Benefits, LLC, a single office, employee benefits insurance...

Wells Fargo Insurance Services Names Samland Managing Director

Aug 27 2009 // Wells Fargo Insurance Services of Minnesota Inc. named Gina Samland managing director for its Nebraska, Iowa, and Kansas City, Kan. operations. She is based in the Omaha, Neb., office. In her new role, Samland is...

Voltz Named Managing Director for Wells Fargo in Pennsylvania

Aug 20 2009 // Wells Fargo Insurance Services has named James Voltz managing director for its Mechanicsburg, Pennsylvania office. In his new role, Voltz will oversee operations, carrier relationships, sales and placement of all...

Wells Fargo Insurance Operations Bring in $595 Million in Income

Jul 22 2009 // Wells Fargo’s insurance operations recorded $595 million in noninterest income for the quarter ended June 30, 2009, compared to $550 million in noninterest income for the same period in 2008. For the six months ended...

Business Moves

Jul 20 2009 // Focus Holdings, Capacity Insurance Focus Holdings, LLC in Sunrise, Florida, closed on its acquisition of Capacity Insurance Co. (CIC), a Florida domestic commercial lines insurer, effective July 1, 2009. Focus, better...

Business Moves

Jul 20 2009 // AIG, 21st Century Insurance, Farmers Group Inc. American International Group has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to...

Wells Fargo Names Norick Practice Leader – Special Risks National Equine

Jul 10 2009 // Wells Fargo Insurance Services has named Joseph Norick, based in Sherman Oaks, Calif., vice president and practice leader for Wells Fargo Special Risks’ National Equine Group. He is responsible for operations,...