A team of  Edwards Angell Palmer & Dodge LLP lawyers representing Bank of America Corporation recently completed the sale of its commercial insurance brokerage, Banc of America Corporate Insurance Agency, LLC (“BACIA”), to Hilb Rogal & Hobbs Company (“HRH”).  BACIA was one of the 30 largest brokerages in the country and HRH is the 8th largest.  The sale involved a robust auction process run by Banc of America Securities that included a number of the industry’s “A” list companies.