DAYTONA BEACH, FL and TAMPA, FL, Mar 05, 2010 (MARKETWIRE via COMTEX) -- J. Powell Brown, President and CEO of Brown & Brown, Inc. (NYSE:
BRO) will speak at the Raymond James 31st Annual Institutional
Investors Conference, at the JW Marriott Grande Lakes, in Orlando,
Florida on Monday, March 8, 2010. Mr. Brown is scheduled to present
at 11:35 am ET.
Mr. Brown's presentation can be heard live by logging onto the Brown
& Brown, Inc. website at www.bbinsurance.com then clicking on
Investor Relations and then Calendar of Events. Playback of the
presentation will be available at the same address for ten days after
the event.
Comments made during this presentation and any following question and
answer session may contain certain statements relating to future
results which are forward-looking statements, including those
relating to our revenue, earnings and operating performance, as well
as identifying and consummating attractive acquisition opportunities.
These statements are not historical facts, but instead represent only
the Company's current belief regarding future events, many of which,
by their nature, are inherently uncertain and outside of the
Company's control. It is possible that the Company's actual results,
financial condition and achievements may differ, possibly materially,
from the anticipated results, financial condition and achievements
contemplated by these forward-looking statements. Further information
concerning the Company and its business, including factors that
potentially could materially affect the Company's financial results
and condition, as well as its other achievements, are contained in
the Company's filings with the Securities and Exchange Commission.
Some factors include: general economic conditions around the country;
downward commercial property and casualty premium pressures; the
effects of recent legislative and regulatory changes in Florida
pertaining to the insurance industry; the competitive environment;
the integration of the Company's operations with those of businesses
or assets the Company has acquired or may acquire in the future and
the failure to realize the expected benefits of such integration; the
potential occurrence of a disaster that affects certain areas of the
States of California, Florida, Indiana, Michigan, New Jersey, New
York, Pennsylvania, Texas and/or Washington, where significant
portions of the Company's business are concentrated; the actual costs
of resolution of contingent liabilities; those factors relevant to
Brown & Brown's consummation and integration of announced
acquisitions, including any matters analyzed in the due diligence
process, material adverse changes in the customers of the companies
whose operations are acquired, and material adverse changes in the
business and financial condition of either or both companies and
their respective customers; and the cost and impact on the Company of
previously disclosed regulatory inquiries regarding industry and
Company practices with respect to compensation received from
insurance carriers. All forward-looking statements made herein are
made only as of the date of this release, and the Company does not
undertake any obligation to publicly update or correct any
forward-looking statements to reflect events or circumstances that
subsequently occur or of which the Company hereafter becomes aware.
Brown & Brown, Inc. and its subsidiaries offer a broad range of
insurance and reinsurance products and services, as well as risk
management, third party administration, managed health care, and
Medicare set-aside services and programs. Providing service to
business, public entity, individual, trade and professional
association clients nationwide, the Company is ranked by Business
Insurance magazine as the United States' sixth largest independent
insurance intermediary. The Company's Web address is
www.bbinsurance.com.
Cory T. Walker
Chief Financial Officer
(386) 239-7250
SOURCE: Brown & Brown, Inc.