DAYTONA BEACH, FL and TAMPA, FL, Jun 02, 2009 (MARKETWIRE via COMTEX) -- J. Powell Brown, President of Brown & Brown, Inc. (NYSE: BRO), will
speak at the Stephens Inc. Spring Investment Conference at The New
York Palace Hotel in New York, New York on Wednesday, June 3, 2009.
Mr. Brown is scheduled to present at 1:30 p.m. ET.
Mr. Brown's presentation can be heard live by logging on to 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 subsequent
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, and
those that concern 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, are contained in the
Company's filings with the Securities and Exchange Commission. Some
factors include: general economic conditions around the country;
decreases in insurable exposure units, such as sales and payroll
expenditures, experienced by current and prospective customers;
downward commercial property and casualty premium pressures; the
effects of 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, Georgia, Michigan, New Jersey, New
York, Pennsylvania 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' seventh largest independent
insurance intermediary. The Company's Web address is
www.bbinsurance.com.
Contact:
Cory T. Walker
Chief Financial Officer
(386) 239-7250
SOURCE: Brown & Brown, Inc.