Latest Bbt Headlines
All the headlines from our Bbt Topic Page, ordered by recency.
BB&T Insurance Services to Purchase Ky. Agency
May 13 2004 // North Carolina-based BB&T Insurance Services plans to buy Lexington-based Employee Benefit Services of Kentucky. The acquisition would give BB&T its third Kentucky agency and second in Lexington. BB&T...
BB&T Finalizes Acquisition of Capitol Premium Plan
May 3 2004 // North Carolina-based BB&T Corporation has completed its acquisition of insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C. BB&T has combined the 43-year-old firm with Prime Rate Premium...
BB&T Notes Q1 Income of $328.5 Million
Apr 14 2004 // North Carolina-based BB&T Corporation has reported net income for the first quarter of 2004 totaling $328.5 million, or $.60 per diluted share. Net income increased slightly compared with $327.7 million earned in the...
BB&T Insurance Services to Add Fla. Agency
Mar 9 2004 // North Carolina-based BB&T Insurance Services plans to buy Iler Wall & Shonter Insurance Inc. of St. Petersburg, Fla. The acquisition would give the nation’s sixth largest insurance broker its second agency...
BB&T Insurance Services Finalizes Acquisition of Ala. Firm
Feb 2 2004 // North Carolina-based BB&T Insurance Services has completed its acquisition of McGriff, Seibels & Williams Inc. of Birmingham, Ala., creating the sixth largest insurance broker in the nation. The transaction was...
BB&T Insurance Services to Add McGriff, Seibels & Williams
Nov 12 2003 // North Carolina-based BB&T Insurance Services, in its largest acquisition ever, said it plans to buy McGriff, Seibels & Williams Inc. of Birmingham, Ala. The transaction, approved by the directors of BB&T...
BB&T Insurance Services to Add McGriff, Seibels & Williams
Nov 12 2003 // North Carolina-based BB&T Insurance Services, in its largest acquisition ever, said it plans to buy McGriff, Seibels & Williams Inc. of Birmingham, Ala. The transaction, approved by the directors of BB&T...
BB&T to Acquire Nashville-Based Agency
Aug 4 2003 // BB&T Insurance Services of Raleigh, N.C., plans to expand its Tennessee operation with the acquisition of Cooper, Love & Jackson in Nashville. According to BB&T, it already owns the BB&T-Thornton &...
BB&T to Acquire Tennessee Agency
Jun 6 2003 // North Carolina-based BB&T Insurance Services announced plans to buy STHARCO Inc., parent company of Kingsport Development Company (KDC) Insurance Inc. of Kingsport, Tenn. The acquisition would give the insurance...
BB&T Unit to Buy Kentucky Agencies
Apr 4 2003 // BB&T Insurance Services said it plans to acquire Kentucky agencies, Old Colony Insurance Service (Louisville) Inc. and Cromwell Insurance Agency of Lexington. Cromwell is jointly owned by Old Colony and Ludt-Bell...
BB&T Completes SEFCO Acquisition
Apr 2 2003 // BB&T Corporation reported that it has completed the company’s acquisition of insurance premium finance company Southeast Fidelity Corporation (SEFCO) of Tallahassee, Fla. BB&T has combined the 5-year-old...
BB&T to Acquire Fla. Premium Finance Co.
Dec 5 2002 // BB&T Corporation of Winston-Salem, N.C. announced plans to buy insurance premium finance company Southeastern Fidelity Corporation (SEFCO) of Tallahassee, Fla., in a stock swap. Terms were not disclosed. BB&T...
BB&T to Acquire Savannah Agency
Nov 7 2002 // BB&T Insurance Services, based in Raleigh, N.C., announced plans to expand its Georgia operation with the acquisition of Cranman & Company Inc. of Savannah. BB&T would combine Cranman & Company with its...
BB&T Insurance to Buy its First Florida Agency
Oct 3 2002 // Raleigh, N.C.-based BB&T Insurance Services, the insurance subsidiary of BB&T Corp. of Winston-Salem, announced plans to purchase Tallahassee, Fla. agency Landrum-Yaeger & Associates Inc. The purchase...
BB&T’s CRC to Acquire Piedmont Brokerage Services
Sep 19 2002 // CRC Insurance Services Inc., based in Winston-Salem, N.C. and the wholesale insurance subsidiary of Branch Banking and Trust Company, announced plans to buy professional liability specialist Piedmont Brokerage Services LLC...
CRC to Acquire American Marketing Center
Jun 20 2002 // Alabama-based CRC Insurance Services Inc. announced plans to buy New York City-based American Marketing Center (AMC). AMC will operate as a division of CRC. BB&T acquired CRC on Jan. 1. “This is about expanding...
BB&T’s Aggressive Expansion Plan Includes Mergers, Acquisitions
Nov 26 2001 // BB&T Corporation, the Winston-Salem, N.C.-based financial services company with strong insurance interests, is maintaining its strategy of expansion across the southern U.S. by agreeing in principle to merge with...
BB&T’ Southern Expansion Includes Mergers, Acquisitions
Nov 19 2001 // BB&T Corporation, the Winston-Salem, N.C.-based financial services company with strong insurance interests, is maintaining its strategy of expansion across the southern U.S. by agreeing in principle to merge with...
BBT Corp. Approved for Financial Holding Co.
Jun 29 2000 // BB&T Corp. has received approval from the Federal Reserve to convert from a bank holding company to a financial holding company under the Gramm-Leach-Bliley Act. To qualify as a financial holding company under the new...
