brown & brown News

Brown & Brown Acquires Assets of Moten Associates in Pennsylvania

Brown & Brown of Pennsylvania Inc., a subsidiary of Brown & Brown Inc., said it acquired assets of Moten Associates, an independent agency in Norristown, Penn. Founded in 1970, Moten Associates offers surety bonds, as well as a wide variety …

Brown & Brown Posts $49.4M for 2012 Q1 Net Income, Up 6.3%

Daytona Beach, Fla.-headquartered Brown & Brown Inc. reported 2012 first-quarter net income of $49.43 million, up 6.3 percent from one year ago. The insurance brokerage firm also reported $302.49 million in revenue for the first quarter, up 15.4 percent from …

Brown & Brown Chief Takes Leave for Health Reasons

Powell Brown, president and chief executive officer for global insurance agency Brown & Brown, has taken a temporary leave of absence citing an undisclosed health reason. Hyatt Brown, former company CEO from 1961 until he semi-retired in 2009, will take …

Brown & Brown Promotes Strianese to Regional President

Insurance agency Brown & Brown Inc. as promoted Anthony Strianese to the position of regional president. Strianese, who has served as one of the company’s regional executive vice presidents since 2007, is responsible for the company’s wholesale brokerage division, including …

Brown & Brown Acquires Louisiana’s Robert Ellis & Associates

Brown & Brown of Louisiana Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the insurance agency assets of Robert Ellis & Associates Inc. of Mandeville, La., the companies announced. With annualized revenues of approximately $1.3 …