Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Brown & Brown Acquires Powers Agency Assets
May 4 2004 // Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced the asset acquisition of Powers Agency Inc., based in Clarkston, Mich. The Powers Agency, with annualized revenues of about $1 million, is a general...
TEXAS AGENCY FINED $250K:
May 3 2004 // The Texas Department of Insurance (TDI) fined a Houston insurance agency $250,000 for marketing and selling workers’ compensation insurance policies in violation of state insurance rules. TDI filed the disciplinary...
Brown & Brown to Acquire Mich. Firm
Apr 26 2004 // Florida’s Brown & Brown Inc. reported that the company is acquiring Proctor Homer Warren Inc. d/b/a Proctor Financial Insurance, of Troy, Mich. Jim W. Henderson, president and chief operating officer of Brown...
Brown & Brown Fined $250K; Settles Case with TDI
Apr 16 2004 // The Texas Department of Insurance (TDI) reported that it recently imposed a $250,000 fine against a Houston insurance agency that marketed and sold workers’ compensation insurance policies in violation of state...
Brown & Brown: 20% Gain in Q1 Earnings Per Share
Apr 14 2004 // Florida-based Brown & Brown Inc. announced a new record for its earnings per share in the first quarter. Net income per share for the quarter ended March 31, 2004 was $0.53, an increase of 20.5 percent over the $0.44...
Kilduff to Head New Fla. Office for Brown & Brown Re
Apr 5 2004 // Jim Henderson, president and COO of Brown & Brown Inc. and Frank See, president of Brown & Brown Re Inc., announced that James Kilduff has joined Brown & Brown Re and will be responsible for the...
Brown Elected to Board of Directors at Brown & Brown
Mar 18 2004 // Florida-based Brown & Brown Inc. announced the election, by unanimous vote of the Board, of Hugh Brown, founder, president and CEO (Retired), of BAMSI, Inc., of Titusville, Fla., to Brown & Brown Inc.’s...
Brown & Brown Acquires Two N.J. Agencies
Mar 8 2004 // Florida-based Brown & Brown, Inc. announced that it has acquired the assets of Statfeld Vantage Insurance Group and Waldor Agency, Inc. Both are located in Florham Park, New Jersey. Joint announcements were made by...
Fla.’s Brown & Brown Adds Manchester Insurance Agency to List of Operations
Mar 4 2004 // Kenneth Kirk, regional executive vice president of Florida-based Brown & Brown Inc., and Paul Manchester, president of Manchester Insurance Agency, of Santa Barbara, California, announced the asset acquisition of...
Brown & Brown Acquires Doyle Consulting Group
Feb 2 2004 // Florida’s Brown & Brown, Inc announced the asset acquisition of Doyle Consulting Group, Inc. and Doyle Consulting Group of New Jersey, Inc. with offices in Philadelphia, Penna. and Woodbridge, N.J. by a Delaware...
Brown & Brown, Inc. Names Freebourn VP
Jan 26 2004 // The Board of Directors of Florida-based Brown & Brown, Inc. announced the election of Richard Freebourn as vice president of internal operations. Freebourn has served in many key and progressively senior financial...
Brown & Brown Notes Record Levels in 2003 Results
Jan 20 2004 // Florida-based Brown & Brown, Inc. announced record earnings for 2003, the 11th consecutive year the company has hit record highs in both revenues and income. Net income for 2003 rose to $110,322,000, or $1.60 per...
Brown & Brown Announces N.Y./N.J. Acquisitions
Jan 5 2004 // Brown & Brown, Inc. announced that it has acquired Niagara Risk Management Associates, Inc. And Niagara Benefits Group, Inc., both based in Williamsville,N.Y., and the Pashley Insurance Agency of Marmora New Jersey....
Louisiana Underwriting Firm Bought by Brown & Brown
Dec 2 2003 // C. Roy Bridges, regional executive vice president of Brown & Brown Inc., and Geoffrey Hughes and Nancy D. Hughes, principals of Energy and Marine Underwriters Inc. of Kenner, La., announced the asset acquisition of...
CDI Investigating Reports of Bogus Policies
Dec 1 2003 // Allegations that more than 200 bar and restaurant owners in California were sold bogus insurance policies is under investigation by a number of different entities. A California Department of Insurance (CDI) spokesperson...
Brown & Brown of Texas Acquires Benefit Dynamics
Nov 28 2003 // Michael A. Garguilo, president and chief operating officer of Brown & Brown Insurance Services of Texas Inc., a wholly owned subsidiary of Brown & Brown Inc., announced the asset acquisition of Houston-based...
NCMIC Insurance Co. to Become New Carrier for Lawyer’s Protector Plan
Nov 26 2003 // NCMIC Group, Inc. and Brown & Brown, Inc. announced that NCMIC Insurance Company will become the new carrier for the Lawyer’s Protector Plan® (LPP)® insurance program, effective as soon as new filings can be...
Brown & Brown Attains New Level of Record Earnings
Oct 10 2003 // Florida-based Brown & Brown, Inc. announced record quarterly earnings for the third quarter of 2003 of $26,051,000 compared with $20,178,000 recorded in the third quarter of 2002, an increase of 29.1 percent. Net...
Brown & Brown Acquires Washington Operations
Sep 5 2003 // Florida’s Brown & Brown Inc. went on a buying spree recently and acquired three insurance operations in the state of Washington: Canfield and Associates Inc. and Canfield Insurance Services Inc., of Ephrata,...
Brown & Brown Inc. Announces Quarterly Cash Dividend
Jul 24 2003 // Daytona Beach, Fla.-based Brown & Brown, Inc. today announced that the Board of Directors has declared a regular quarterly cash dividend of 5 cents per share. The dividend is payable on August 20, 2003, to...
