BROWN & BROWN INC
SymbolBRO

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Brown & Brown, Inc. Announces 1% Increase in Net Income

2009-10-19 17:53 ET - News Release

DAYTONA BEACH, FL and TAMPA, FL -- (MARKET WIRE) -- 10/19/09

Brown & Brown, Inc. (NYSE: BRO) today announced its net income and net income per share for the third quarter of 2009.

Net income for the third quarter of 2009 was $40,961,000, or $0.29 per share, compared with $40,593,000, or $0.29 per share for the same quarter of 2008. Total revenue for the third quarter ended September 30, 2009 was $243,766,000, compared with 2008 third-quarter revenue of $247,029,000.

Total revenue for the nine months ended September 30, 2009 was $753,715,000, compared with total revenue for the nine months ended September 30, 2008 of $745,464,000. Net income for the nine-month period ended September 30, 2009 was $129,641,000, or $0.91 per share, compared with $132,751,000, or $0.94 per share for the same period of 2008.

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