Latest Brown & Brown Headlines
All the headlines from our Brown & Brown Topic Page, ordered by recency.
Brown & Brown CEO Sees ‘Sporadic’ Economic Recovery Ahead After Own COVID Recovery
Jul 29 2020 // Insurance broker Brown & Brown, Inc. reported second quarter revenues of $598.8 million, an increase of $23.6 million, or 4.1%, compared to the second quarter of the prior year, Commissions and fees increased in the...
Cannabis Broker Spotlight: Porter with Brown & Brown Sees Growing Opportunities
Jul 9 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Brown & Brown Reports Q1 Revenue Up; Takes Steps to Anticipate Coronavirus Impact
Apr 28 2020 // Insurance agency Brown & Brown saw revenues and net income increase in the first quarter, even after accounting for expected lower revenues on existing employee benefits and workers’ compensation policies and...
Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Business Moves
Feb 10 2020 // East The Hilb Group, Kerr-Boswell, Wickford Insurance Agency The Hilb Group LLC has acquired Virginia-based Kerr-Boswell Inc. For more than 60 years, KB has provided employee benefits, property/casualty, life, health and...
Private Equity Still Driving Agency M&As
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
Brown & Brown Acquires Assets of Texas All Risk
Jan 17 2020 // Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty...
P. Barrett Brown Named President of Brown & Brown Retail Business
Jan 14 2020 // Insurance broker Brown & Brown announced the appointment of P. Barrett Brown as an executive vice president and president of the company’s retail business. Most recently, Brown served as a senior vice president...
Brown & Brown Acquires Insurance Management Group of South Carolina
Dec 18 2019 // J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and Mark K. Ackerman, the sole shareholder of Insurance Management Group, Inc. (IMG), announced that Brown & Brown of South Carolina, Inc. has...
Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers
Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...
A.J. Gallagher Acquires Pacific Northwest Marine Business of Brown & Brown
Dec 3 2019 // Arthur J. Gallagher & Co. has completed a transaction for the Pacific Northwest marine business team of Brown & Brown of Washington Inc. and to assume the associated marine book of business. Terms of the deal were...
Business Moves
Nov 18 2019 // East Brown & Brown of Massachusetts, Yozell Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its...
Business Moves
Sep 16 2019 // National Arch Insurance, Ventus Risk Management Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics- driven managing general underwriter that specializes in providing...
Brown & Brown of Massachusetts Acquires Assets of Yozell
Aug 16 2019 // Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its customers with value in group employee and executive...
Brown & Brown of Florida Acquires CKP
Aug 15 2019 // Brown & Brown of Florida Inc. has acquired substantially all of the assets of CKP. CKP provides brokerage services for customers throughout the U.S. operating in agricultural industry. In addition, CKP provides...
Business Moves
Aug 5 2019 // East The Hilb Group, 360 Corporate Benefit Advisors The Hilb Group LLC has acquired New England-based 360 Corporate Benefit Advisors. The transaction became effective May 1, 2019. With offices in Fairfield, Conn., and...
Brown & Brown Metro Acquires Assets of New Jersey’s Innovative Risk Solutions
Jul 16 2019 // Brown & Brown Metro LLC has acquired substantially all of the assets of Innovative Risk Solutions Inc. Innovative Risk Solutions was founded in 2004 by sole shareholder Sean Gormley with the goal of providing employee...
Brown & Brown of Massachusetts Acquires Twinbrook Insurance
Jun 6 2019 // Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Twinbrook Insurance. Founded in 1960, Twinbrook Insurance provides property and casualty insurance products and services to customers...
Business Moves
May 6 2019 // National ProAg, AmTrust Agriculture Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory...
Brown & Brown Acquires Assets of ALMEA Insurance in Washington
Apr 22 2019 // Brown & Brown of Oregon LLC has acquired substantially all of the assets of ALMEA Insurance’s Vancouver, Wash. location. Following the deal, the ALMEA Insurance team will continue doing business from its existing...
