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NEW YORK ( TheStreet) -- Brown & Brown (NYSE: BRO) hit a new 52-week low Monday as it is currently trading at $17.12, below its previous 52-week low of $17.19 with 606,623 shares traded as of one p.m. ET. Average volume has been 1.4 million shares over the past 30 days. Brown & Brown has a market cap of $2.6 billion and is part of the financial sector and insurance industry. Shares are down 25.6% year to date as of the close of trading on Friday. Brown & Brown, Inc., a diversified insurance agency, markets and sells insurance products and services primarily in the United States. Its Retail segment provides insurance products and services to commercial, public and quasi-public entity, professional, and individual customers. The company has a P/E ratio of 16.5, above the average insurance industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 17.7.