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The CEO of insurance broker Brown & Brown says cultural fit is the driving force behind insurance-agency acquisitions, and those that make price their priority dont become partners of the firm.

Brown & Brown President and CEO J. Powell Brown says Superstorm Sandy is having an impact on how insurers evaluate Northeast risks.

Marsh & McLennan acquired Liscomb Hood Mason Co. and McGraw Wentworth, Inc.

Dayton Beach, Fla.-based insurance broker Brown & Brown saw its net income rise 12 percent ($5.33 million) in 2012s third quarter to $49.5 million. Revenues were up 17 percent ($43.4 million) to $303.8 million.

Brown & Brown saw net income rise 12 percent in 2012s third quarter, as an improving economic climate benefited the firms middle market clients.

People & PlacesSterling & Sterling hired Howard Tollin as president of Sterling Environmental Services.  In this newly created position, he evaluates…

Nationwide Merges with Harleysville Mutual, Tower Group Invests $75 Million in Bermuda, and InVEST Raises $65,000 in Scholarship Funds

Brown & Brown says its subsidiary, Brown & Brown of Pennsylvania, Inc., has acquired Moten Associates of Norristown, Penn.