Swett bolsters BB&T insurance profits

Swett & Crawford made a significant contribution to earnings
reported today by the insurance operations of parent BB&T in
the first full quarter to include the wholesaler's results.
Insurance income increased almost 16 percent, or $56mn, to
$410mn for the quarter that ended in September compared with the
same period of last year, primarily the result of the Swett &
Crawford acquisition, BB&T said in a statement about its
results.
The North Carolina-based banking parent reported t