NU Online News Service, Oct. 8, 12:03 p.m.EDT

Daytona Beach, Fla.-based insurance broker Brown & Brownsaid it has acquired Florida-based T.R. Jones & Co., asubsidiary of Beecher Carlson Holdings Inc. Financial terms of thetransaction were not released.

With total annual revenues of approximately $6.7 million, T.R.Jones & Co. has provided commercial and personal lines propertyas well as casualty and employee benefits products and services toindividuals, businesses and organizations throughout Florida formore than 50 years.

Thomas R. "Tom" Jones, Alan Lund, principals of T.R. Jones, andtheir staff will join Brown & Brown and continue to serve theirclients from their Homestead, Key Largo and Ocean Reef, Fla.offices.

The agency's Winter Park, Fla., operations, doing business asKraft Insurance Agency, will combine with Brown & Brown ofFlorida's existing Maitland, Fla., office under the leadership ofJohn Berner.

In a separate statement, Atlanta-based Beecher Carlson said thefirm was a great partner, but it no longer fit in with it'sbusiness strategy.

"As we have increased our commitment to industry specialization,it became clear that there was no longer significant alignmentbetween T.R. Jones and Kraft and the going forward strategic visionof Beecher Carlson," said Bret D. Quigley, executive vice presidentand chief financial officer for Beecher Carlson.