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Brown & Brown - 55% Increase on Flat WC Pricing

Thursday, July 11, 2002 | 0

Brown & Brown, Inc. (NYSE: BRO), ranked by Business Insurance magazine as the nation's eighth largest independent insurance intermediary organization, announced net income for the second quarter of 2002 of $21,401,000, or $0.31 per share, an earnings per share increase of 55.0% over the $12,420,000, or $0.20 per share, reported for the quarter ended June 30, 2001. Total revenue for the quarter ended June 30, 2002 was $114,903,000, compared with 2001 second-quarter revenue of $89,933,000, an increase of 27.8%. J. Hyatt Brown, Chairman, President and CEO, said, ...

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