Total revenue for the quarter ended June 30 was $246.8 million, up from $243.6 million in the year-ago period.
CEO J. Powell Brown said the profit reduction reflects “rising loss ratios of property and casualty insurance carriers across the U.S.”
Looking For Market Distribution? Download the Media Kit
Brown & Brown Inc., one of the largest independent insurance intermediaries in the nation, reported second-quarter profit of $37 million, or 26 cents a share. That's down 10 percent from a $41.1 million profit in second-quarter 2010.
Published on July 19, 2011
Total revenue for the quarter ended June 30 was $246.8 million, up from $243.6 million in the year-ago period.
CEO J. Powell Brown said the profit reduction reflects “rising loss ratios of property and casualty insurance carriers across the U.S.”
Are you retail Agent Looking for a Quote?