NU Online News Service, July 12, 2004, 6:40 p.m. EDT
Insurance brokers have announced a total of 4 insurance and benefits agency deals in the past 4 days.[@@]
Brown & Brown Inc., Daytona Beach, Fla., is acquiring a group of businesses that includes Wiita Insurance Agency Inc., Hurley, Wis.; Wiita & Stevens Insurance, Minocqua, Wis.; and Tribal Benefits Specialists L.L.C.
The 3 entities generate a total of about $2 million in revenue per year by selling insurance, benefits and related products and services to Native American tribes and tribal businesses in the upper Midwest, Brown & Brown says.