Brown & Brown, Inc. Announces the Asset Acquisition of Gallagher Associates, Inc.

DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - December 31, 2008) - Thomas E. Riley, Regional President of Brown & Brown, Inc. (NYSE: BRO), and John J. "Jack" Gallagher, Jr. and John F. "Jack" Corbett of Gallagher Associates, Inc., of Blackwood, New Jersey, announce the asset acquisition of Gallagher Associates, Inc. by a subsidiary of Brown & Brown, Inc.

Gallagher Associates, with annualized revenues of approximately $2.0 million, focuses on property & casualty for individuals and businesses in the southern New Jersey, Pennsylvania and Delaware regions. The Gallagher Associates staff will continue to operate from their existing location in Blackwood, New Jersey as a freestanding Brown & Brown profit center.

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