NU Online News Service, Oct. 7, 2:22 p.m. EDT

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Insurance broker Brown & Brown Inc. said it has acquired NewYork-based Martin Benefits Consulting, LLC and Martin HumanResources, LLC.

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Financial terms of the transaction were not released.

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The Daytona Beach, Fla.-based insurance broker said withcombined annual revenues of approximately $3 million, MartinBenefits Consulting and Martin Human Resources offer employeebenefits products and services in New York City and throughout thestate; also in Connecticut and New Jersey.

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Scott L. Martin, the principal of the two firms, and his staffwill continue their operations from their current location as afree-standing profit center in New York.

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