Brown & Brown to acquire Caton-Hosey Insurance
Brown & Brown has agreed to acquire the assets of Caton-Hosey Insurance, with the transaction anticipated to finalize in early January 2024. Caton-Hosey, established in 1948 in Volusia County, Florida, is known for its personalized insurance solutions. The firm, led by Rex Caton and John Hosey since 1990 and 1993 respectively, will continue its operations in Port Orange, Florida under their leadership along with Barbara Caton. This acquisition marks a significant step in Brown & Brown’s expansion in the Florida insurance market.
“We are very pleased to welcome Rex, John, Barbara and the Caton-Hosey team as Brown & Brown teammates. From the time when Hyatt Brown and Richard Caton ran their respective firms, we have been friendly competitors and share a mutual respect that we each focus on customers first in delivering results. Rex and John will work with Steve Farmer and Brown & Brown to access additional resources and opportunities for Caton-Hosey to continue to deliver positive insurance results for their customers. We look forward to our future together.” – Barrett Brown.