Brown & Brown Quarterly Net Up 51%

NU Online News Service, Oct. 11, 10:29 a.m. EST? Insurance broker Brown & Brown Inc., based in Daytona Beach, Fla., reported its third-quarter net income rose 51 percent for this year.

The firm reported net income increased $6.8 million, going from $13.4 million for the third quarter of 2001 to $20.2 million in 2002. Net income per share rose 38 percent from 21 cents per share for the third quarter of 2001 to 29 cents per share for 2002.

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