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Bank Agency Scoops Up Benefits Broker

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Frost Insurance has acquired Prime Benefits Inc.

Frost Insurance, Austin, Texas, is the insurance agency of Frost, a bank holding company owned by Cullen/Frost Bankers Inc., San Antonio.

Prime, Austin, is an employee benefits agency that sells long term care insurance and disability insurance as well as health insurance, dental insurance and life insurance.

Frost Insurance will be combining the operations of Prime, which has 10 employees, with its own operations in Austin, Frost Insurance says.