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Stock impact report

Brown & Brown, Inc. Announces the Asset Acquisition of C & C Risk Services, LLC

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: GlobeNewswire
DAYTONA BEACH, Fla., June 18, 2018 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Craig S. Balco, Sr. and Christopher L. Fuller, the principals of C & C Risk Services, LLC, today announced that a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of C & C Risk Services. Founded in 2013 by Craig Balco and Chris Fuller, C & C Risk Services is a managing general agent providing excess public entity insurance coverage to municipalities in Texas and Florida.  The firm has annual revenues of approximately $1 million.  Following the acquisition, C & C Risk Services will operate as part of Brown & Brown’s Wholesale Brokerage Division from its existing Texas and Florida locations.  Anthony T. Strianese, President of Brown & Brown’s Wholesale Brokerage Division, stated, “Craig and Chris bring great experience and expertise in the excess public entity insurance market.  We are proud to welcome them to the Bro Show less Read more
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