All the headlines from our Brown & Brown Topic Page, ordered by recency.
Oct 3 2024 // Brown & Brown announced the acquisition of the assets of The Canopy Group, a a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le...
Jul 29 2024 // Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., a Netherlands-based insurance group.Brown & Brown acquired Quintes from the private investment firm Aquiline Capital...
Jul 24 2024 // DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week reported second-quarter net income of $257 million, up from $190 million for the second...
Jun 7 2024 // Brown & Brown, Inc. announced it has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in...
Apr 4 2024 // Brown & Brown Inc., the sprawling U.S. insurance brokerage based in Daytona Beach, has acquired Citrus Insurance and its affiliate, CHAPP Inc., which secures workers’ compensation coverage for citrus growers in...
Mar 13 2024 // Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax.DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in...
Mar 7 2024 // Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich,...
Mar 6 2024 // Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive...
Jan 23 2024 // Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns.The insurance industry typically...
Jan 16 2024 // Brown & Brown Europe’s wholesale and specialty brokerage group, Bridge Specialty International, announced it has agreed to acquire Acorn International Network Pte Ltd., a Singapore-based insurance broker.The...
Jan 2 2024 // Florida-based Brown & Brown Insurance, ranked as the sixth-largest independent brokerage in the country, has acquired Caton-Hosey Insurance, a personal and business-lines agency in Port Orange, Florida. The agency was...
Dec 8 2023 // Brown & Brown Dealer Services has completed the acquisition of Automotive Business Solutions. The ABS team will continue to be led by CEO Michael Cox from their current offices in Denver, Colorado. ABS is an...
Oct 25 2023 // Brown & Brown Inc. (BRO on NYSE) this week reported third-quarter earnings of $175.9 million.The Daytona Beach, Florida-based brokerage said it had net income of 62 cents per share. Earnings, adjusted for non-recurring...
Oct 17 2023 // A subsidiary of Brown & Brown Inc. has acquired substantially all of the assets of Pacific Underwriters. Following the acquisition, the Pacific Underwriters team will continue doing business from their existing...
Jul 26 2023 // Florida-based Brown & Brown Inc. (BRO), a global insurance broker, reported second-quarter earnings of $190.4 million.The Daytona Beach company said it had profit of 67 cents per share. Earnings, adjusted for costs...
Jul 25 2023 // Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale...
May 24 2023 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire Kentro Capital Ltd. in the UK.The transaction is expected to close in the fourth quarter of 2023, subject...
May 10 2023 // Brown & Brown has acquired Georgia-based Brownlee Agency, one of the oldest insurance agencies on Florida’s east coast. Terms of the deal were not disclosed, the companies said in a news release. Founded in 1974...
Feb 8 2023 // Daytona Beach-based Brown & Brown Insurance, often called one of the largest and fastest-growing insurance brokerages in the United States, has lost a round in its legal battle with one of its largest clients, a...
Jan 25 2023 // Brown & Brown Inc. (BRO) on Monday reported fourth-quarter net income of $145.2 million.The Daytona Beach, Florida-based insurance brokerage said it had profit of 51 cents per share. Earnings, adjusted for...