Wells Fargo Buys Kinny Agency in Albuquerque

Wells Fargo Insurance Services USA closed on its purchase of Kinney Agency, a single-office commercial insurance brokerage firm in Albuquerque, New Mexico on Thursday, the national brokerage announced. Terms of the transaction were not disclosed.Kinny Agency, which opened for business in 1963, provides commercial property and casualty insurance, specializing in contractor’s general liability, contract surety bonding, and other construction-related risks as well as retail and light industrial risks, Wells Fargo said. The firm also offers customers employee benefits and personal insurance ...