SOURCE: Brown & Brown, Inc.
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January 24, 2008 11:19 ET
Brown & Brown, Inc. Announces 2007 Fourth Quarter and Year-End Earnings Release and Conference Call Date
DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - January 24, 2008) - Brown & Brown, Inc. (NYSE: BRO) announces that it will release its 2007 fourth quarter and year-end
earnings before the market opens on Monday, February 11, 2008. Also on
Monday, February 11, 2008, J. Hyatt Brown, Chairman and Chief Executive
Officer, Jim W. Henderson, Vice Chairman and Chief Operating Officer, J.
Powell Brown, President, and Cory T. Walker, Senior Vice President and
Chief Financial Officer of Brown & Brown, will host an investor update
conference call concerning Brown & Brown's fourth quarter and year-end 2007
financial results. You are invited to listen to the call, which will be
broadcast live on Brown & Brown's Internet site at 8:30 a.m. ET. Simply log
on to www.bbinsurance.com, then click on Investor Relations and then on the
Calendar of Events.
If you are unable to listen during the live webcast, audio from the
conference call will be available commencing two hours after the end of the
live broadcast until midnight (ET), February 15, 2008 by dialing
1-888-203-1112, replay access code 4917188. Audio will also be archived on
Brown & Brown's website, www.bbinsurance.com, for 30 days after the live
broadcast. To access the website replay, go to Investor Relations and click
on Calendar of Events.
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 sixth largest
independent insurance intermediary in the United States, as well as in the
World.
Statements made during the conference call, as well as responses to
questions asked during the question and answer portion, may contain certain
comments relating to future results which are forward-looking statements.
These statements are not historical facts, but instead represent only the
current belief of Brown & Brown, Inc. and its subsidiaries (collectively
the "Company") 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
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 litigation initiated against the Company
and 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.