Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Brown & Brown Acquires Small Business Unit of N.J.’s Conner Strong
Nov 18 2008 // Florida- based Brown & Brown, Inc. said it it has agreed to acquire the small business insurance unit of Conner Strong Companies, Inc., which is headquartered in Cherry Hill, New Jersey. The small business insurance...
Brown & Brown Announces Asset Acquisition of Agency Associates
Nov 14 2008 // J. Scott Penny, regional executive vice president of Brown & Brown, Inc., and Frederick W. “Fred” McClaine, B. Michael Haffey and Ronald L. “Ron” Smith, principals of Agency Associates, Inc.,...
Brown & Brown: Revenues Up Even as Insurance Prices Falling
Oct 21 2008 // Florida-based insurance agency Brown & Brown, Inc. reported that its total commissions and fees revenues for the third quarter of 2008 increased 8.1 percent over the third quarter of 2007. While revenues were up, net...
Florida-based Brown & Brown Acquires Al Phillips Insurance Agency
Oct 13 2008 // Florida-based Brown & Brown, Inc. announced the asset acquisition of Al Phillips Insurance Agency Inc. of Nashville, Tenn., by a subsidiary of Brown & Brown Inc., according to C. Roy Bridges, regional executive...
Brown & Brown Empire State, Selective Insurance Support Children’s Charity
Oct 3 2008 // Brown & Brown Empire State and Selective Insurance Group, Inc. have joined forces to support the efforts of Charity for Children, Inc. through a $1,000 grant. The grant represents a $500 donation from Brown &...
Conn. Agency Data Case Continues
Sep 22 2008 // The Connecticut Supreme Court has declined to rule on a Florida agency’s efforts to block state Attorney General Richard Blumenthal from disclosing information he obtained while investigating the insurance...
Conn. Case over Disclosure of Insurance Agency Data to Continue
Sep 4 2008 // The Connecticut Supreme Court has declined to rule on a Florida company’s efforts to block state Attorney General Richard Blumenthal from disclosing information he obtained while investigating the insurance...
Business Moves
Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of...
Business Moves
Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and the assumption of $170 million (£91...
Heartland Analyst Likes Insurance Broker Brown & Brown
Aug 28 2008 // There’s value to be found in this rangebound market in areas like insurance brokerages, North American natural gas as well as some industrials, a fund manager said. Brad Evans, who helps manage more than $2 billion...
Brown & Brown Acquires Pa.’s Advanced Insurance Concepts
Aug 19 2008 // The assets of Advanced Insurance Concepts, Inc. , of Bensalem, Pennsylvania, has been acquired by a subsidiary of Florida-based Brown & Brown, Inc. Advanced Insurance Concepts, with annual revenues of approximately $2...
Florida-based Brown & Brown Acquires Reed Brothers Assets
Aug 15 2008 // A subsidiary of Florida-based Brown & Brown Inc. acquired the assets of Reed Brothers Insurance Group Inc., of Columbia, Kentucky and Tampa, Florida, according to officers of the companies. Reed Brothers Insurance...
Brown & Brown Acquires Oregon-based Fullerton & Company
Aug 1 2008 // Florida-based Brown & Brown Inc. announced the stock acquisition of and Fullerton & Company Inc., of Portland, Ore. Fullerton & Company has annualized revenues of approximately $9.3 million, the announcement...
Brown & Brown Buys Ohio-based Great Lakes Risk Management
Jul 31 2008 // Brown & Brown Inc. announced the asset acquisition of Great Lakes Risk Management Inc., of Toledo, Ohio, by a subsidiary of Brown & Brown. Great Lakes Risk Management, with annual revenues of approximately $1...
Florida-based Brown & Brown Reports 3.6% Gain in Fees and Commissions
Jul 18 2008 // Florida-based Brown & Brown Inc. announced that its total commissions and fees revenues for the second quarter of 2008 increased 3.6 percent over the second quarter of 2007. The company’s net income for the...
Brokerage Stocks Down; M&A Activity Continues at Strong Pace but Slower Than 2007
Jun 16 2008 // Stock Prices: The brokerage sector as a whole is down 3 percent for the year. Among middle-market brokers, Arthur J. Gallagher’s (NYSE:AJG) stock has faired well compared to peers Brown & Brown (NYSE:BRO), down...
Brown & Brown Acquires Debock & Muth Insurance Agency
Jun 3 2008 // Brown & Brown Inc. acquired the assets of Debock & Muth Insurance Agency Inc., of Stockton, Calif. Debock & Muth Insurance Agency Inc., with annualized revenues of approximately $1.7 million, focuses on...
Brown & Brown Acquires Nathan Stone Insurance Agency
May 5 2008 // A subsidiary of Brown & Brown Inc. has acquired the assets of Nathan Stone Insurance Agency Inc. of Encino, Calif. Nathan Stone Insurance Agency Inc. d/b/a Stone, Harris & Stone, with annualized revenues of...
Business Moves
Apr 21 2008 // Hull & Co., Big Sky Underwriters, Powers & Co. Hull & Co. Inc. acquired substantially all of the assets of Missoula, Mont.-based Big Sky Underwriters Inc. “The people of Big Sky are well respected in...
Brown & Brown Inc. Launches London Wholesaler, Decus Insurance
Mar 5 2008 // Florida-based Brown & Brown Inc. opened a London-based wholesale brokerage, Decus Insurance Brokers, Limited (D.I.B.) on March 1. According to Regional Executive Vice President Anthony T. Strianese, D.I.B. is Brown...