Wells Fargo Expanding Insurance Business

I've said it before and I'll say it again, is this 2008 or 1990? Wells Fargo (WFC) is doing the little things like it did in 1990 that made shareholders very happy for the next almost two decades.

America’s largest bank-owned insurance brokerage and a subsidiary of Wells Fargo & Company (WFC) – announced that it has acquired the assets of Spokane, Washington’s Char Clark Associates, Inc. The acquisition adds to Wells Fargo’s diversified presence in Washington State – now a total of 4,300 team members across the region, serving customers from 147 banking stores and 5 insurance brokerage offices.

Founded 24 years ago, Char Clark Associates provides group and individual health, life, disability, dental and vision coverages - focusing on the employee and executive benefit needs of customers ranging in size from one to several hundred employees.

Company shareholder Charla