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The brokerage network, part of WFC) said the deal closed June 1. Termz were not disclosed. According to has been in busineszsince 1999, when it was founded by John Grady, and focusews exclusively on health and benefits insurance, with customers in the construction, health-care, auto sales and home developmeny niches. Grady is now managing director ofemploye benefits. Wells Fargo Insurance Services isthe world’s fifth-largest insurance brokerage and the nation’s largest bank-owned according to Business Insurance magazine’s 2008 list, with more than 200 officex in 37 states. The brokerage networo has been on a buyingspree recently.
It boughyt Novato’s and in earlu April, and about a month before that acquirerdWalnut Creek-based , an employee benefitx consulting firm that also has offices in Houstoj and Seattle, among other deals in recentf months.
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