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Brown & Brown Earnings Rise

It cites a light hurricane season.

Insurance broker

Brown & Brown

(BRO) - Get Brown & Brown, Inc. Report

said that net income for the third quarter rose 15.8%.

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Earnings rose to $40.27 million, or 29 cents a share. Analysts polled by Thomson First Call were expecting earnings of 28 cents a share. The Daytona Beach, Fla.-based company's revenues for the quarter rose 11% to $211.97 million. Analysts polled by Thomson were looking for revenue of $212.7 million.

"We had another very good quarter, thanks in part to a light hurricane season so far this year and the improved operating results from our National Retail Segment," the company said.

This story was created through a joint venture between TheStreet.com and IRIS.