Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Brown & Brown Completes Acquisition of Wright Insurance Group
May 22 2014 // Brown & Brown Inc. said it has completed its acquisition of specialty and flood insurance company The Wright Insurance Group, LLC. In January, Florida-based national insurance broker Brown & Brown said it would...
Brown & Brown Buys 2 Florida Agencies Targeting RV Market
May 13 2014 // Insurance agency Brown & Brown has acquired the assets of two agencies specializing in the recreational vehicle market. The businesses acquired are Agency Management Corp. (AMC) and its affiliate, Recreational...
Brown & Brown Reports Record 4Q Net Income of $47.2M
Feb 11 2014 // Florida-based broker Brown & Brown Inc. recently announced results for fourth quarter of 2013, including a 10.8 percent increase in net income to a record $47.2 million, compared with $42.6 million for the same quarter...
Brown & Brown to Acquire Flood, Specialty Insurer The Wright Group
Jan 15 2014 // Florida-based national insurance broker Brown & Brown, Inc. has agreed to acquire The Wright Insurance Group, LLC for $602.5 million from Aquiline Capital Partners, Wright’s lead equity partner. The Wright...
Business Moves
Jan 13 2014 // Brown & Brown, ICA Brown & Brown Inc. has acquired certain assets of insurance claims adjusting firm ICA Inc., based in Charlotte, N.C. Terms were not disclosed. With annualized net revenues of approximately...
Brown & Brown Acquires Assets of Claims Firm ICA
Jan 2 2014 // Brown & Brown Inc. has acquired certain assets of insurance claims adjusting firm ICA Inc., based in Charlotte, North Carolina, Terms were not disclosed. With annualized net revenues of approximately $13.2 million, ICA...
People – Southeast
Nov 18 2013 // Florida Chief Financial Officer Jeff Atwater has named Steve Burgess as the state’s new insurance consumer advocate. Burgess previously served in that role from 2004 to 2007 and from 1990 to 1997. Most recently, he...
Brown & Brown CFO Cory Walker to Retire in March 2014
Nov 4 2013 // Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced that Cory T. Walker, who has been serving as senior vice president, treasurer and chief financial officer, will retire from the firm effective in March...
Business Moves
Jul 22 2013 // Brown & Brown, Beecher Carlson Brown & Brown Inc. completed the acquisition of Beecher Carlson Holdings Inc. from Austin Ventures, FSPM and a group of individual employee and non-employee equityholders for $336.5...
Brown & Brown Completes Beecher Carlson Acquisition
Jul 1 2013 // Brown & Brown Inc. said it has completed the previously-announced acquisition of Beecher Carlson Holdings Inc. In May, Florida-based Brown & Brown Inc. said it would buy the retail brokerage, program management and...
Business Moves
Jul 1 2013 // Heffernan, Consuasor Insurance Walnut Creek, Calif.-based Heffernan Insurance Brokers recently acquired Consuasor Insurance Advisors in New York. Founded in 2006, Consuasor is a multi-lines middle market broker with...
Brown & Brown Expands ECC Brand, Names Division CEO
Jun 18 2013 // Florida-based national insurance agency Brown & Brown Inc. and its wholly-owned subsidiary, ECC Insurance Brokers Inc., announced that its excess-and-surplus lines professional liability products will now be marketed...
Brown & Brown Announces Asset Acquisition of Rollins Agency in New York
Jun 10 2013 // Brown & Brown of New York Inc, a subsidiary of Brown & Brown Inc., said it acquired certain assets of The Rollins Agency in Rye Brook, N.Y. With roots dating from 1910, The Rollins Agency provides a wide range of...
Brown & Brown to Acquire Insurance Broker Beecher Carlson
May 22 2013 // Florida-based national insurance agency Brown & Brown Inc. has agreed to acquire Beecher Carlson Holdings Inc., an insurance and risk management broker with operations that include retail brokerage, program management...
Brown & Brown’s 2012 Q4 Profit Up 16.8%
Feb 4 2013 // Florida-based national insurance brokerage Brown & Brown Inc. reported 2012 fourth-quarter net profit of $42.64 million, up 16.8 percent compared to the 2011 fourth quarter when the broker reported $36.49 million...
Brown & Brown Acquires Behnke & Associates in South Florida
Dec 18 2012 // Florida-based national insurance brokerage Brown & Brown Inc. announced this month asset acquisitions of Behnke & Associates Inc., an independent insurance agency located in South Florida. Founded in 1995, Behnke...
Business Moves – East
Dec 3 2012 // Onex Corp., USI Canadian private equity firm Onex Corp. agreed to acquire insurance brokerage USI from Goldman Sachs Group’s GS Capital Partners private equity fund in a transaction valued at $2.3 billion. The deal...
Brown & Brown Boosts Earnings in Q3, Sees Middle Market Improving
Oct 16 2012 // Florida-based national insurance broker Brown & Brown Inc. reported that net income for the third quarter of 2012 was up 12.1 percent to $49.5 million over the same quarter in 2011. J. Powell Brown, president and chief...
Brown & Brown Revenue Up 17.9% for Q2
Jul 17 2012 // Florida-based national insurance agency Brown & Brown Inc. reported total revenue for the second quarter was $290,916,000, an increase of 17.9 percent compared to 2011 second-quarter revenue of $246,816,000, Net income...
People – Southeast
Jun 18 2012 // Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be responsible for insurance and bond sales, new business development, client relations and...
