Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Insurance broker Brown & Brown reported that, despite a challenging soft market, second-quarter net income increased 17 percent helped by new business, recent acquisitions and the sale of a long-term investment.

For the quarter, the Daytona Beach, Fla.-based broker reported net income grew $7.6 million to $52 million from the same period last year. Earnings per share increased 5 cents to 37 cents a share. Revenues rose 12 percent, or $26 million, to $247 million.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.