DAYTONA BEACH, FL and TAMPA, FL, Oct 22, 2008 (MARKET WIRE via COMTEX News Network) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the Board of
Directors at its regularly scheduled meeting on October 22, 2008,
voted to increase the quarterly cash dividend rate to $0.075 per
share, a 7.1% increase from the current rate of $0.07 per share, with
the first payment at the new dividend rate to be made on November 19,
2008, to shareholders of record on November 5, 2008.
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 seventh largest independent insurance intermediary in the United States. The Company's web address is www.bbinsurance.com.
Contact: Cory T. Walker Chief Financial Officer (386) 239-7250
SOURCE: Brown & Brown, Inc.