Brown & Brown wholesale revenues climb

Brown & Brown's wholesale brokerage platform booked solid
organic growth of 3.4 percent in the first quarter as revenues
climbed to $47.9mn.
Binding authority and professional liability continued to
produce growth across most lines of business, said the company.
It did report rate declines on binding authority and ongoing
soft conditions for coastal property business, with pricing off 15
to 25 percent.
The firm's national programs division grew by 1.6 percent on
an underlying basis, with bot