Though some banking companies have soured on Florida because of its severe economic problems, BB&T Corp. is expanding its insurance operations in the Sunshine State.

The Winston-Salem, N.C., banking company closed its third Florida agency purchase of the past year this week when BB&T Insurance Services bought Oswald Trippe and Co. Inc. in Fort Myers. And the company does not plan to stop there.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.