BB&T Corp., a Raleigh, N.C., banking company that has been buying up insurance agencies fast, is at it again.

Its BB&T Insurance Services is buying the Morgantown, N.C., agency of Cameron M. Harris & Co., an insurance brokerage firm based in Charlotte, N.C.

BB&T will also buy part of Harris' personal lines division.

Terms were not disclosed. The purchase is expected to be completed in November.

Cameron Harris has offices in seven cities throughout the Carolinas. It said the purchase, which represents less than 10% of its revenue, would help it focus customers of its VIP personal lines, reallocate resources to its fast-growing urban locations, and continue its regional expansion.

The Morganton agency would become BB&T Insurance Services of Morganton but retain its management team and employees.

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