Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Business Moves
Jun 7 2010 // Liberty Mutual Agency Corp. Boston-based Liberty Mutual Group has announced that its subsidiary, Liberty Mutual Agency Corp. (LMAC) has filed a registration statement with the U.S. Securities and Exchange Commission for an...
Brown & Brown Acquires Four Connecticut Insurance Agencies
May 14 2010 // Florida-based Brown & Brown Inc. has acquired four retail insurance agencies in central and southeastern Connecticut with combined revenues of $7.2 million. The acquired agencies are McCutcheon Burr & Sons, of...
The Rollercoaster of M&A
Apr 19 2010 // Continued Soft Market, Taxes and Health Care Reform to Boost Activity in Second Half of 2010 January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter...
Brown & Brown Elects Bridges Western Regional President
Apr 6 2010 // The Board of Directors of Brown & Brown Inc. has elected C. Roy Bridges regional president responsible for most of the company’s retail operations in the western United States. He will continue to have regional...
Riley Promoted to Acquisitions Chief at Brown & Brown
Mar 25 2010 // Thomas E. Riley has been promoted to chief acquisitions officer for Brown & Brown Inc. and will assume responsibility for mergers and acquisitions activity of the company and its subsidiaries, and for the supervision...
Business Moves
Mar 22 2010 // Brown & Brown, DiMartino J. Scott Penny, regional executive vice president of Florida-based Brown & Brown Inc., and Gregory P. DiMartino, president of DiMartino Associates Inc. of Seattle, announced the...
Brown & Brown Acquires Two New Jersey Underwriting Units
Mar 19 2010 // Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer...
Brown & Brown Acquires Certain Assets of DiMartino Associates
Mar 1 2010 // J. Scott Penny, regional executive vice president of Florida-based Brown & Brown Inc., and Gregory P. DiMartino, president of DiMartino Associates Inc. of Seattle, announced the acquisition of the insurance agency and...
M&A Activity at Decade Lows
Feb 21 2010 // Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and...
Brown & Brown Executive Henderson to Retire This Year
Jan 6 2010 // Florida-based insurance agency giant Brown & Brown, Inc. said that Jim W. Henderson, its vice chairman, chief operating officer and a member of its board of directors, will retire effective in August 2010. In view of...
Brown & Brown Acquires San Antonio’s Alamo Insurance Group
Jan 6 2010 // Florida-based Brown & Brown Inc. announced that through a subsidiary it has acquired the assets of Alamo Insurance Group Inc., of San Antonio, Texas. Alamo Insurance Group, with annual revenues of approximately $4.3...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Brown & Brown Acquires Benefits Unit of Roussel Agency of Tennessee
Aug 31 2009 // Florida-based insurance agency Brown & Brown has acquired the group employee benefits division of Roussel & Associates of Brentwood, Tennessee. The group employee benefits division, which has annualized revenues...
Brown & Brown Profit Up a Notch in Q2
Jul 21 2009 // Florida-based insurance broker Brown & Brown, Inc. managed to increase its earnings slightly in the second quarter despite the financial downturn. Net income for the second quarter of 2009 was $40,668,000 compared to...
Brown & Brown to Buy New York’s Irving Weber Associates
May 12 2009 // Brown & Brown, Inc. has agreed to acquire a Long Island-based insurance agency, Irving Weber and Associates. The deal is expected to close in late May. With annualized revenues of approximately $4 million, Irving...
Brown & Brown Acquires One Source Insurance of Indiana
Mar 3 2009 // Giant insurance broker Brown & Brown Inc. has acquired an Indiana-based agency with $1.3 million in revenues. Brown & Brown acquired the assets of One Source Insurance, Inc. of Noblesville, which sells individual...
Business Moves
Jan 11 2009 // Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1,...
Brown & Brown Insurance Buys New Jersey’s Gallagher Associates
Jan 5 2009 // Florida-based insurance agency Brown & Brown, Inc. has purchased the assets of Gallagher Associates in Blackwood, New Jersey. Gallagher Associates, with annualized revenues of approximately $2.0 million, sells...
Brown & Brown Inc. Acquires Assets of Preferred Insurance Services
Jan 5 2009 // A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Phoenix, Ariz.,-based Preferred Insurance Services LLC. Preferred Insurance Services, with annualized revenues of approximately $1.3 million,...
Brown & Brown Inc. Acquires Baker, Thomsen Associates Insurance Services
Dec 31 2008 // A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Thomsen Associates Insurance Services of Newport Beach, Calif. Baker, Thomsen Associates Insurance Services, with annualized revenues of...
