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Stock impact report

Brown & Brown, Inc. Announces the Asset Acquisition of Austin & Austin Insurance Services, Inc.

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., March 08, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and John F. Austin, the sole shareholder of Austin & Austin Insurance Services, Inc., today announced that Brown & Brown Insurance Services of California, Inc. has acquired substantially all of the assets of Austin & Austin Insurance Services. With roots dating back to 1987, Austin & Austin Insurance Services was founded by John Austin in Pleasanton, California to serve the insurance needs of real estate professionals in the Bay Area.  The firm specializes in providing errors and omissions insurance coverage to real estate brokers throughout California and has annual revenues of approximately $2 million.  Following the transaction, John Austin and the rest of the Austin & Austin team will relocate to Brown & Brown’s Lafayette, California office and will operate under the leadership of Matt Sitzmann.  The combined office will fall under the responsibi Show less Read more
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