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Broker Buys Texas Policy Administrator

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American Wholesale Insurance Group Inc. has acquired the policy administration division of CBCA Administrators Inc.

American Wholesale, Charlotte, N.C., a broker, sells employee benefits products as well as commercial property-casualty insurance.

The acquisition of CBCA, Fort Worth, Texas, comes on the heels of American Wholesale’s purchase in April of Web TPA Inc., Dallas, a benefit plan administration firm.