NU Online News Service, March 3, 12:00 p.m. EST

If there were any questions about what happened to some former executives at Brown & Brown that appeared to abruptly leave the company, those questions were answered this week by the private equity firm GTCR.

Earlier this week, Chicago-based GTCR said it was investing $250 million in a plan to build a new insurance brokerage company through acquisition and partnering with two former executives from Brown & Brown, which is based in Daytona Beach, Fla.

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