Wachovia Corp. is bolstering its insurance operations with a deal for a major commercial-lines agency, acting about a week after Wells Fargo & Co. announced its intention to buy the big insurance agency Acordia Inc.

Wachovia of Winston-Salem, N.C., said Wednesday that it has agreed to acquire Hamilton Dorsey Alston Co., an Atlanta property-casualty and employee benefits agency with about $20 million of annual revenue.

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