Brown & Brown Inc. News

Brown & Brown of Kentucky Acquires Massachusetts’ F&I Resources

Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of F&I Resources, a Westborough, Mass.-based company specializing in helping automotive dealers form and manage reinsurance companies and drive performance …

Brown & Brown Subsidiary Acquires Texas MGA and Arkansas Affiliate

Texas Security General Insurance Agency LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Loving and Etheredge Inc. d/b/a Texas Commercial Insurance Facilities (TCIF) and its affiliate, Arkansas Insurance Facilities Inc. (AIF). TCIF …

Brown & Brown Acquires Servco Pacific Insurance in Hawaii

Brown & Brown Inc. has completed its acquisition of Servco Pacific Insurance. Terms of the deal were not disclosed. SPI’s Hawaii operations will become Brown & Brown’s primary retail presence in the Islands, and SPI’s Pacific Northwest operations will merge …

Brown & Brown to Acquire Servco Pacific in Hawaii and Northwest

Brown & Brown Inc. has entered into an agreement to acquire the Servco Pacific Insurance operations in Hawaii and the Pacific Northwest. The transaction is expected to close in June 2018, subject to certain closing conditions. Terms were not disclosed. …

Brown & Brown Acquires New York’s yourPFO Consulting

Brown & Brown of New York Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Purchase, N.Y.-based yourPFO Consulting LLC (yourPFO). yourPFO represents many large company clients in the design and implementation of …

Brown & Brown Acquires Louisiana Employee Benefits Firm

Brown & Brown of Louisiana LLC, a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Lapeyre, Staples & Robichaux, the companies announced. Lapeyre, Staples and Robichaux, based in Houma, Louisiana, specializes in employee …

Sanford Joins ECC Insurance Brokers in Illinois

ECC Insurance Brokers Inc., a subsidiary of Brown & Brown Inc., has added Stephen Sanford in Oak Brook, Ill., as vice president. Sanford joins ECC from Hiscox Insurance’s Executive Liability Group where he was lead underwriter for D&O, EPL, fiduciary, …

Brown & Brown Acquires Social Security Advocates for the Disabled in Mass.

Brown & Brown Inc. announced that its subsidiary, The Advocator Group LLC, has acquired substantially all of the equity interests of Social Security Advocates for the Disabled LLC (SSAD) in Norwell, Massachusetts. Terms of the transaction were not disclosed. Since …

Brown & Brown Acquires Ocean Marine Insurance Agency & Affiliates in R.I.

Brown & Brown Inc. announced that its subsidiary Brown & Brown Insurance Agency of Virginia Inc. has acquired certain assets of Ocean Marine Insurance Agency Inc., Ocean Marine Insurance Agency of Massachusetts Inc. and Ocean Marine Underwriters Agency Inc. (collectively …

Brown & Brown Acquires Assets of Smith Insurance in Connecticut

Brown & Brown Inc. announced that its subsidiary Brown & Brown of Connecticut Inc. has acquired substantially all of the assets of Smith Insurance, an independent agency based in Niantic, Connecticut. Terms of the transaction were not disclosed. Smith Insurance …