NU Online News Service, Sept. 1, 3:26 p.m.EDT

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Daytona Beach, Fla.-based insurance broker Brown & BrownInc. said it has acquired the group employee benefits division ofRoussel & Associates, LLC, located in Brentwood, Tenn.

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Brown & Brown said Roussel & Assoc. is an establishedfinancial services agency and will continue to offer a range offinancial products and services to individuals and businesses inBrentwood and the greater Nashville metropolitan area.

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With annualized revenues of about $1.7 million, the groupemployee benefits division of Roussel & Associates willrelocate to Brown & Brown's existing Nashville operation, underthe leadership of Danny Simmerman.

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