Friday, August 1, 2008

Brown & Brown Makes Stock Buy of Fullerton & Co.

Michael Paschke, regional executive vice president of Brown & Brown Inc., and Fullerton & Company Inc., of Portland, Oregon, announced the stock acquisition of Fullerton & Company Inc. by Brown & Brown Inc.

Fullerton & Company Inc., with annualized revenues of approximately $9.3 million, focuses on benefit plans, and property and casualty insurance for individuals and businesses in Oregon and throughout the northwestern United States.

Operations will continue at the firm's existing location in Portland, Oregon as a new freestanding Brown & Brown profit center.

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