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Brown & Brown subsidiary acquires assets of Illinois-based insurance brokerage

Brown & Brown Inc. subsidiary Hull & Co. LLC has acquired substantially all the assets of Izzo Insurance Services, a wholesale brokerage that specializes in workers' compensation.

Izzo Insurance records annual revenues of approximately $2 million.

The company will continue to do business from its existing Bloomingdale, Ill., location. The office will operate as a new stand-alone location in Brown & Brown's wholesale brokerage division.