Latest Brown & Brown Headlines

All the headlines from our Brown & Brown Topic Page, ordered by recency.

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, DiMartinoJ. 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 Weber...

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, Alexander...

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...

Brown & Brown Acquires Louisiana’s Insurance 1 Inc.

Dec 22 2008 // Brown & Brown Inc. announced it is acquiring Alexandria, La.-based Insurance 1 Inc. With annualized revenues of approximately $800,000, Insurance 1 focuses on property and casualty, as well as health and life...

Brown & Brown Acquires New Mexico’s Charter Insurance

Dec 18 2008 // Brown & Brown Inc. announced the asset acquisition of Charter Insurance Services, Inc. in Albuquerque, New Mexico. Charter Insurance Services, Inc., with annualized revenues of approximately $1.1 million, focuses on...

Brown & Brown Acquires Louisiana Agency

Dec 18 2008 // Florida-based Brown & Brown Inc. announced it has acquired Alexander & Bolton Inc., of Alexandria, La.Alexander & Bolton, founded in 1890, is one of Louisiana’s longest operating insurance agencies....

Brown & Brown Acquires Assets of Stewart & Tunno Insurance Agency

Dec 8 2008 // A subsidiary of Brown & Brown Inc. has acquired the assets of Stewart & Tunno Insurance Agency Inc. Portland, Ore.-based Stewart & Tunno Insurance Agency has annualized revenues of approximately $1.8...