Brown & Brown Q1 Profit Up 18.4%
NU Online News Service, April 20, 4:10 p.m. EDT?Insurance broker Brown & Brown Inc., which continues to accept controversial insurer incentive fees, reported an 18.4 percent-higher quarterly profit, buttressed by revenue growth and further acquisitions of agency businesses. [@@]
The Daytona Beach, Fla.-based brokerage firm's 2005 first quarter profit was $43 million, up from $36.3 million one year ago.
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