brown & brown News

Brown & Brown Completes Beecher Carlson Acquisition

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 …

Brown & Brown Announces Asset Acquisition of Rollins Agency in New York

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 …

Brown & Brown to Acquire Insurance Broker Beecher Carlson

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 …

Brown & Brown’s 2012 Q4 Profit Up 16.8%

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 …

Brown & Brown Acquires Behnke & Associates in South Florida

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 …

Brown & Brown Revenue Up 17.9% for Q2

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 …

Brown & Brown Acquires Mass.-Based Richard W. Endlar Insurance Agency

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 …

Brown & Brown CEO Returns After Leave of Absence

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 …

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 …