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News Breaks
14:26 EDTBRO
theflyonthewall.com: Brown & Brown raises quarterly dividend 3.3%
Brown & Brown announced that the Board of Directors at its regularly scheduled meeting on October 21, 2009, voted to increase the quarterly cash dividend rate to 7.75c per share, a 3.3% increase from the current rate of 7.5c per share, with the first payment at the new dividend rate to be made on November 18, 2009, to shareholders of record on November 4, 2009. :theflyonthewall.com



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February 1, 2010
14:22 EDTBRO
theflyonthewall.com: Brown & Brown unit acquires assets of Insurance Exchange
The acquired assets, with annual revenues of approximately $2M, comprise the selling entity's "Insurance Exchange" division, which has served the commercial and personal lines property and casualty insurance needs of clients throughout New Mexico since 1975. The acquired operations will combine with Brown & Brown's existing Albuquerque profit center, under the leadership of Scott Jones. The selling entity's INEX division was not part of this transaction and will continue to operate from its existing Albuquerque location. :theflyonthewall.com