Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Brown & Brown Acquires Certain Assets of DiMartino Associates
Mar 1 2010 // J. Scott Penny, regional executive vice president of Florida-based Brown & Brown Inc., and Gregory P. DiMartino, president of DiMartino Associates Inc. of Seattle, announced the acquisition of the insurance agency and...
M&A Activity at Decade Lows
Feb 21 2010 // Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and...
Brown & Brown Executive Henderson to Retire This Year
Jan 6 2010 // Florida-based insurance agency giant Brown & Brown, Inc. said that Jim W. Henderson, its vice chairman, chief operating officer and a member of its board of directors, will retire effective in August 2010. In view of...
Brown & Brown Acquires San Antonio’s Alamo Insurance Group
Jan 6 2010 // Florida-based Brown & Brown Inc. announced that through a subsidiary it has acquired the assets of Alamo Insurance Group Inc., of San Antonio, Texas. Alamo Insurance Group, with annual revenues of approximately $4.3...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Brown & Brown Acquires Benefits Unit of Roussel Agency of Tennessee
Aug 31 2009 // Florida-based insurance agency Brown & Brown has acquired the group employee benefits division of Roussel & Associates of Brentwood, Tennessee. The group employee benefits division, which has annualized revenues...
Brown & Brown Profit Up a Notch in Q2
Jul 21 2009 // Florida-based insurance broker Brown & Brown, Inc. managed to increase its earnings slightly in the second quarter despite the financial downturn. Net income for the second quarter of 2009 was $40,668,000 compared to...
Brown & Brown to Buy New York’s Irving Weber Associates
May 12 2009 // Brown & Brown, Inc. has agreed to acquire a Long Island-based insurance agency, Irving Weber and Associates. The deal is expected to close in late May. With annualized revenues of approximately $4 million, Irving...
Brown & Brown Acquires One Source Insurance of Indiana
Mar 3 2009 // Giant insurance broker Brown & Brown Inc. has acquired an Indiana-based agency with $1.3 million in revenues. Brown & Brown acquired the assets of One Source Insurance, Inc. of Noblesville, which sells individual...
Business Moves
Jan 11 2009 // Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1,...
Brown & Brown Insurance Buys New Jersey’s Gallagher Associates
Jan 5 2009 // Florida-based insurance agency Brown & Brown, Inc. has purchased the assets of Gallagher Associates in Blackwood, New Jersey. Gallagher Associates, with annualized revenues of approximately $2.0 million, sells...
Brown & Brown Inc. Acquires Assets of Preferred Insurance Services
Jan 5 2009 // A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Phoenix, Ariz.,-based Preferred Insurance Services LLC. Preferred Insurance Services, with annualized revenues of approximately $1.3 million,...
Brown & Brown Inc. Acquires Baker, Thomsen Associates Insurance Services
Dec 31 2008 // A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Thomsen Associates Insurance Services of Newport Beach, Calif. Baker, Thomsen Associates Insurance Services, with annualized revenues of...
Brown & Brown Acquires Louisiana’s Insurance 1 Inc.
Dec 22 2008 // Brown & Brown Inc. announced it is acquiring Alexandria, La.-based Insurance 1 Inc. With annualized revenues of approximately $800,000, Insurance 1 focuses on property and casualty, as well as health and life...
Brown & Brown Acquires New Mexico’s Charter Insurance
Dec 18 2008 // Brown & Brown Inc. announced the asset acquisition of Charter Insurance Services, Inc. in Albuquerque, New Mexico. Charter Insurance Services, Inc., with annualized revenues of approximately $1.1 million, focuses on...
Brown & Brown Acquires Louisiana Agency
Dec 18 2008 // Florida-based Brown & Brown Inc. announced it has acquired Alexander & Bolton Inc., of Alexandria, La. Alexander & Bolton, founded in 1890, is one of Louisiana’s longest operating insurance agencies....
Brown & Brown Acquires Assets of Stewart & Tunno Insurance Agency
Dec 8 2008 // A subsidiary of Brown & Brown Inc. has acquired the assets of Stewart & Tunno Insurance Agency Inc. Portland, Ore.-based Stewart & Tunno Insurance Agency has annualized revenues of approximately $1.8...
Business Moves
Nov 30 2008 // Arthur J. Gallagher The HR Group International insurance broker Arthur J. Gallagher & Co. reported it has acquired The HR Group, LLC of Brentwood, Tennessee. Terms of the transaction were not disclosed. The HR Group...
Business Moves
Nov 30 2008 // State Auto, Rockhill Insurance Group State Automobile Mutual Insurance Company has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by...
Business Moves
Nov 30 2008 // Brown & Brown, Conner Strong Florida- based Brown & Brown Inc. said it has agreed to acquire the small business insurance unit of Conner Strong Companies, Inc., which is headquartered in Cherry Hill, New Jersey....
