Filed Under:Agent Broker, Commercial Business

Brown & Brown Q4 Net Income Rises 17% as Rates Rise

Daytona Beach, Fla.-based insurance broker Brown & Brown says its fourth-quarter net income climbed by 17 percent, aided by rising rates.

The brokerage reports net income for the quarter of $43 million. Revenues were up 24 percent, or $59 million, to $303 million.

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