Brown & Brown Acquires Louisiana’s Insurance 1 Inc.

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 insurance for individuals and businesses in Louisiana.

Company principals James “Jimmy” Bradford, Brian Duke, Martin Heyman and their staff will continue at their current location as a specialty division of Brown & Brown’s existing Lafayette, La., operation, under the leadership of Mark Romero.

Source: Brown & Brown Inc., www.bbinsurance.com.