NU Online News Service, Jan. 6, 1:28 p.m. EST

Jim W. Henderson, Brown & Brown's vice chairman and chief operating officer, will retire later this year, the firm said, also announcing its first acquisition for 2010.

The Daytona Beach, Fla.-based insurance broker said late yesterday that Mr. Henderson will retire in August and will not seek re-election to the board of directors in April.

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