NU Online News Service, Oct. 4, 11:41 a.m. – BB&T Insurance Services, Raleigh, N.C., a unit of BB&T Corp., Winston-Salem, N.C., has agreed to acquire Carolina Insurance Consultants Inc., Greenville, S.C.
Carolina Insurance sells employee benefits and risk-management services to companies in the transportation, construction, manufacturing and golf industries.
Carolina Insurance operates offices in Columbia, Laurens/Clinton, Easley and Belton as well as Greenville.
The price and other terms were not disclosed, but BB&T says it hopes to complete the deal in November.
The transaction is expected to be completed in November. Terms were not disclosed.