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The Alamo Insurance Group will still operate under the same name and from their existing Texas locations.

Two major insurance brokers announced acquisitions this month totaling more than $11 million in revenue.

Brown & Brown Inc. has acquired the group employee benefits division of Roussel & Associates.

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

Brown & Brown, Inc. announced that it will pay a quarterly cash dividend of 7.5-cents per share on outstanding common stock on Aug. 19 to shareholders of record as of Aug. 12.

Daytona Beach, Fla.-based insurance broker Brown & Brown reported a slight increase in net income for the second quarter of this year, but the economic downturn continues to produce strains on the firm's organic growth.

Navigators Insurance Co. will become the new carrier for the agency's Lawyer's Protector Plan effective Nov. 1. The program is available for law firms with 1 to 19 attorneys.

Daytona Beach, Fla.-based insurance broker Brown & Brown said it has reached an agreement to acquire Irving Weber Associates Inc. of Ronkonkoma, N.Y. Financial terms were not disclosed.