Latest Brown & Brown Headlines

Brown & Brown Picks New Leaders for Denver, Phoenix Profit Centers

Mar 16 2007 // Brown & Brown Insurance of Arizona Inc. has named John I. Slater as the new profit center leader for the company’s Phoenix area retail profit center. He will be responsible for the growth and profitability of...

Mich. Brown & Brown Acquires Alcos

Mar 1 2007 // Brown & Brown, Inc. and Alcos, Inc., headquartered in Sterling Heights, Mich., today announced the completion of the previously announced acquisition by Brown & Brown, Inc. of Alcos, Inc. Alcos, with annualized...

Brown & Brown Sees Record Earnings in ’06; Nears $1 Billion Revenues

Feb 13 2007 // Large Florida-based insurance broker Brown & Brown, Inc. announced record earnings for 2006, with net income rising to $172,350,000, or $1.22 per share, an increase of 14.5 percent over the $150,551,000, or $1.08 per...

Brown & Brown Buys Fla.’s Shapiro Insurance

Feb 9 2007 // Brown & Brown, Inc. has acquired Shapiro Insurance, Inc., of Tallahassee, Florida. Shapiro Insurance, with annualized revenues of approximately $3 million, is an insurance intermediary serving Florida, South Alabama...

Brown & Brown Reports Asset Acquisition of La. Agencies

Feb 7 2007 // Roy Bridges, regional executive vice president, responsible for Brown & Brown Inc.’s operations in Louisiana and other southeastern states, and Jerry J. Marcello, president of Marcello Agency Inc., American...

Brown & Brown Begins CEO Succession Plan

Jan 30 2007 // Insurance broker Brown & Brown, Inc. announced the initial implementation of an executive succession plan, which contemplates J. Powell Brown ultimately assuming the office of chief executive officer in July 2009, the...

Brown & Brown Elects Kirk Western President; Masters Adds Programs

Jan 25 2007 // The Board of Directors of Brown & Brown Inc. has elected Kenneth D. Kirk as regional president, responsible for the company’s retail and wholesale brokerage operations in the Western United States. Also, Kenneth...

2006: a big year for P&C buyers and sellers of all shapes and sizes

Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...

Brown & Brown settlement with Florida: no charges, no guilt, no fines

Dec 25 2006 // After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the probes to a...

Brown & Brown settlement with Florida: no charges, no guilt, no fines

Dec 24 2006 // News Currents After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the...

2006:a big year for P&C buyers and sellers of all shapes and sizes

Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...

Brown & Brown to Reimburse Fla. Municipalities $4.8 Million in Fees

Dec 11 2006 // Insurance agency Brown & Brown, Inc. has agreed to reimburse up to 400 cities and counties in Florida approximately $4.8 million for collecting undisclosed fees or commissions when it placed various coverages with...

Brown & Brown Acquires Two Dallas Agencies

Dec 4 2006 // Florida-based Brown & Brown Inc. reported the asset acquisition of two insurance agencies headquartered in Dallas, Texas. ProTexn Inc. and Best Practices Insurance Agency Inc. were acquired by a wholly owned...

Brown & Brown Grows Wholesale: Hull Buys DVUA; PRU Acquires Apex

Oct 1 2006 // Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program Management Services Inc., has acquired the assets of a key wholesaler located in the...

Brokers experience ‘exceptional’ second quarter; vigorous M&A activity

Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...

Brokers experience ‘exceptional’ second quarter; vigorous M&A activity

Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...

People and Places

Aug 7 2006 // Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of MHBT’s...

Aug 7 2006 // People Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of...

Brown & Brown Conference Call Tomorrow Morning

Jul 24 2006 // Brown & Brown Inc., with headquarters in Daytona Beach and Tampa, Fla., will host an investor update conference call on July 25 at 8:30 a.m. EST to discuss its second quarter 2006 financial results and to release its...

La.’s Landry Recognized by Brown & Brown

Jul 17 2006 // Dennis J. Landry, with Brown & Brown of La., was recently recognized as the nation’s top Quality Control Liaison within the Brown & Brown organization, the company announced. This honor is awarded once...