Brown & Brown Grows Specialty Unit With Shoemaker & Besser Buy - Brown & Brown (NYSE:BRO)

Brown & Brown, Inc. (NYSE:BRO) shares rose Thursday after news of a strategic insurance acquisition.A Bridge Specialty Group unit, part of Brown & Brown, announced it has acquired the assets of Shoemaker & Besser Associates, Inc. • Brown & Brown shares are advancing steadily.The acquired business, Shoemaker & Besser, is a full-service managing general agent located in York, Pennsylvania.Founded in 1959, Shoemaker & Besser offered independent agents specialty personal and niche commercial insurance products. ...