NU Online News Service, Sept. 1, 3:26 p.m. EDT

Daytona Beach, Fla.-based insurance broker Brown & Brown Inc. said it has acquired the group employee benefits division of Roussel & Associates, LLC, located in Brentwood, Tenn.

Brown & Brown said Roussel & Assoc. is an established financial services agency and will continue to offer a range of financial products and services to individuals and businesses in Brentwood and the greater Nashville metropolitan area.

With annualized revenues of about $1.7 million, the group employee benefits division of Roussel & Associates will relocate to Brown & Brown's existing Nashville operation, under the leadership of Danny Simmerman.

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