Insurance broker USI Holdings Corp. reported net income increased 156 percent in the third quarter of this year, fueled by $5.7 million in acquisition revenue in the quarter.

The Briarcliff Manor, N.Y.-based firm reported net income in the quarter rose $2.95 million, from $1.89 million, or 3 cents a share, to $4.84 million, or 8 cents a share. Revenues increased more than 3 percent, or $4.43 million, from $127 million to $132 million.

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