AbstractInsurance (MIC: SIC: 6411 NAIC: 524210)Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. Co. markets and sells to its customers insurance products and services, mainly in the property, casualty and employee benefits areas. Co. is compensated for its services primarily by commissions paid by insurance companies and by fees paid by customers for certain services. Co. has four operating segments: Retail; Wholesale Brokerage; National Programs; and Services. As of Dec 31 2007, Co.'s activities were conducted in about 198 locations in 38 states that included Florida, New York, New Jersey, Texas, California, Georgia, Colorado, Illinois, Pennsylvania, Virginia and Washington.