Brown&Brown Acquires Blumberg Assoc Eff 2/1

Thomas E. Riley, Regional Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), and Arthur L. Blumberg, President of Blumberg Associates, Inc., of West Hartford, Connecticut, Tuesday announced the asset acquisition of Blumberg Associates, Inc. by Brown & Brown, Inc. The transaction is effective February 1, 2004. Blumberg Associates, with annualized revenues of approximately $2 million, is a retail insurance agency which provides both commercial property and casualty and employee benefits products and services. The agency, which serves clients throughout New England, will be ...