Brown & Brown Acquires Another Agency in Florida
Brown & Brown, a national insurance brokerage firm, has acquired Heacock Insurance, a fifth-generation agency based in Central Florida.
Heacock was founded in 1922 and has offices in Lakeland and Sebring. The Heacock team will continue to operate from agency offices under the leadership of Stacey Heacock Weeks, Brown & Brown said in a news release.
The acquisition is one of 11 that Brown & Brown has completed this year, helping the brokerage increase commissions, fees and revenues, according to Zachs Equity Research.
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