NU Online News Service, Jan. 30, 11:25 a.m. EST

The chief executive of Daytona, Fla.-based insurance brokerage firm Brown & Brown stepped down from his post for health reasons, and his father has taken the leadership reins once again.

J. Powell Brown, president and chief executive officer, is taking a temporary leave of absence, the firm said in a filing with the Securities and Exchange Commission. His father, former CEO J. Hyatt Brown will take over in his absence.

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