Latest Brown & Brown Headlines

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

Brown & Brown Revenues, Profit Jump in Q4

Jan 26 2021 // Insurance agency Brown & Brown reported revenues for the fourth quarter of 2020 of $642.1 million, a jump of 10.9% or $63.1 million compared to the fourth quarter of 2019.Agency commissions and fees increased in the...

For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts

Jan 14 2021 // Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there.The broker announced in...

Brown & Brown Acquires Assets of Ohio’s Berry Insurance Group

Jan 4 2021 // Brown & Brown of Ohio LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Berry Insurance Group, based in Ohio.Founded in 2002 by Mark Berry, Berry Insurance Group has grown to...

Brown & Brown Agrees to Acquire Irish Broker O’Leary Insurances

Dec 22 2020 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire the general insurance operating companies of O’Leary Insurances (OLI) in Ireland.The transaction is...

Cannabis Broker Spotlight: Meade of Brown & Brown Had His “Ah-Ha” Moment After Getting into the Business

Nov 12 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 Acquires Digital Insurance Agency CoverHound and Its CyberPolicy Unit

Nov 9 2020 // Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary.Neither side disclosed financial details of the...

Business Moves

Nov 2 2020 // AmWINS, CRC, HeffernanWholesaler insurance brokers AmWINS and CRC, along with independent agency Heffernan Insurance Brokers, are the charter members of a new alliance to accelerate technology improvements in the...

Illinois Agents Association Names Brown & Brown’s Miano Agent of the Year

Oct 23 2020 // Brooke Miano with Brown & Brown of Illinois in Naperville, Ill., has been presented with the Independent Insurance Agents of Illinois (IIA of IL) Agent of the Year Award during the association’s annual...

Business Moves

Oct 5 2020 // OneBeacon, International Bond & Marine BrokerageOneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage Ltd. (IB&M), a privately held brokerage and risk management firm specializing...

Brown & Brown Acquires Assets of Brookstone Insurance Group in Texas

Sep 16 2020 // Brown & Brown Lone Star Insurance Services Inc., a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Brookstone Insurance Group. Brookstone Insurance Group provides...

Brown & Brown, Inc. Acquires the Assets of Frank E. Neal & Co.

Sep 11 2020 // Brown & Brown of Tennessee, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of the Frank E. Neal & Co. Agency, according to an announcement from J. Scott Penny, chief...

Brown & Brown Cancels Deal After Ohio Agency Exec Pleads Guilty in College Scam

Aug 27 2020 // Daytona Beach, Florida-based insurance broker Brown & Brown Inc. has terminated its previously announced agreement to purchase the assets of HAUSER, an insurance and investment firm headquartered in Cincinnati,...

Business Moves

Aug 24 2020 // World Insurance Associates, Millennium Medical Solutions Corp.World Insurance Associates LLC acquired Millennium Medical Solutions Corp. of Armonk, N.Y., on June 1, 2020. Millennium Medical Solutions Corp. is an employee...

Brown & Brown of Massachusetts Acquires Assets of Amity Insurance Agency

Aug 17 2020 // Brown & Brown of Massachusetts Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Amity Insurance Agency.Amity Insurance was founded in 1978 and offers insurance products and...

Brown & Brown Acquires Assets of Michigan’s Buiten & Associates

Aug 13 2020 // Brown & Brown of Michigan Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Buiten & Associates, located in Grand Rapids, Mich.Since 1935, Buiten & Associates has...

Brown & Brown Acquiring HAUSER in Ohio

Aug 10 2020 // Brown & Brown Inc. has entered into an agreement to acquire the assets of HAUSER in Ohio. The deal is expected to close in September, subject to certain closing conditions. Terms were not disclosed. HAUSER focuses on...

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...