B&B Sees 57 Pct. Increase In Net

NU Online News Service, April 15, 3:05 p.m. EST?Brown & Brown insurance brokerage reported a first-quarter 57 percent increase in net income over last year, and a 55 percent increase in per share earnings.

For the quarter ending March 31, the Daytona Beach, Fla.?based company's net income rose to $20.2 million for the first quarter of 2002, compared to $12.9 million for the first quarter last year. Net income per share was reported at 31 cents per share compared to 20 cents per share for the first quarter of 2001.

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