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Total revenue for the third quarter of 2009 was $243.77 million, compared with $247.03 million for the third quarter of 2008.
Net income for the first nine months ended September 30, 2009 was $129.64 million, or $0.91 per diluted share, compared with $132.75 million, or $0.94 per diluted share, for the first nine months ended September 30, 2008.
For the first nine-month period of 2009, total revenue increased to $753.71 million from $745.46 million for the comparable period of 2008.
Powell Brown, president and CEO of Brown & Brown, said: "In light of a very challenging operating environment, our team continues to deliver for our clients. Our results are a reflection of significant shrinkage in insurable exposure units and a soft rate environment."
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