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Stock impact report

Brown & Brown, Inc. Announces the Asset Acquisition of Coffman-Standridge Incorporated d/b/a CSI Insurance

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., July 13, 2018 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Mark A. Coffman, the sole shareholder of CSI Insurance, today announced that Brown & Brown of Arkansas, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Coffman-Standridge Incorporated d/b/a CSI Insurance. CSI Insurance was founded in 2010 by Mark Coffman and the late Greg Standridge. With annual revenues of approximately $1.5 million, the firm provides property and casualty insurance products and services to customers throughout Arkansas.  Following the acquisition, the CSI Insurance team will combine with Brown & Brown’s Greater Central Arkansas operations and will operate under the leadership of C. Tim White, Executive Vice President of Brown & Brown of Arkansas.  Mr. White stated, “This combination with Mark and CSI’s high-quality, experienced team offers a unique opportunity to expand our presence in Show less Read more
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