Close Close

Life Health > Health Insurance

BB&T to Acquire Liberty Benefit

Your article was successfully shared with the contacts you provided.

BB&T Insurance Services is expanding its distribution network in California.

BB&T Insurance Services, a unit of BB&T Corp., Winston-Salem, N.C. (NYSE:BBT) – a midsize regional bank holding company – says it hopes to complete the acquisition of Liberty Benefit Insurance Services Inc., San Jose, Calif., Oct. 1.

BB&T Insurance Services is not saying how much it is paying for Liberty Benefit, but it says it will be taking on 25 Liberty Benefit employees, and that Liberty Benefit will operate as BB&T-Liberty Benefit Insurance Services.