January 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 Insurance Group (TWIG), with $114 million in revenues, is a …
November 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 2014. Brown & Brown also announced …
July 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 captive management business of Georgia-based Beecher Carlson …
June 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 …
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 and captive management, from Austin Ventures, FSPM and a group …
February 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 profit. Net profit for the full-year 2012 was $184.05 …
December 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 & Associates specializes in providing personal lines property/casualty insurance products to …
July 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 for the second quarter of 2012 was up 11.5 …
May 10, 2012
Brown & Brown of Massachusetts LLC, a subsidiary of Brown & Brown Inc., said it acquired assets of Richard W. Endlar Insurance Agency Inc. in Dedham, Massachusetts. Founded in 1975, Richard W. Endlar Insurance Agency specializes in providing property/casualty insurance …
April 25, 2012
J. Powell Brown, president and CEO, and a director of Brown & Brown Inc. has returned from a temporary leave of absence for health reasons, the company has told the Securities and Exchange Commission. J. Powell Brown’s leave of absence …