Latest news with #JohnMina
Yahoo
11-06-2025
- Business
- Yahoo
Brown & Brown to buy Accession Risk Management for $9.82bn
Brown & Brown has agreed to acquire RSC Topco, the holding company for Accession Risk Management Group, for a gross purchase price of $9.83bn. The terms of the agreement stipulate that Brown & Brown will acquire RSC on a cash and debt-free basis. Accession, established in 1997, operates Risk Strategies, a specialty brokerage, and One80 Intermediaries, an insurance wholesaler and programme manager. The company employs more than 5,000 insurance professionals across the US and Canada and reported pro forma adjusted revenues of around $1.7bn for 2024. Post-acquisition, Risk Strategies will become part of Brown & Brown's Retail segment, with John Mina, the current leader, joining the retail senior leadership team. Additionally, Brown & Brown will merge its Programmes and Wholesale Brokerage segments into a new specialty distribution segment. One80 Intermediaries will be incorporated into the specialty distribution segment, with executive Matt Power joining the senior leadership team. The acquisition is expected to strengthen Brown & Brown's customer, carrier partner relationships, enhance trading platforms for insurance carrier partners and contribute to revenue and cash flow growth. Brown & Brown president and CEO J. Powell Brown said: 'Combining with Risk Strategies and One80 represents a unique opportunity to bring the best of both organisations to the forefront, enabling us to augment and strengthen our collective growth." The acquisition is subject to customary closing conditions and regulatory approvals, with an expected completion date in the third quarter of 2025 (Q3 2025). Accession CEO John Mina stated: 'As we began contemplating the next major leap in our journey, we were adamant that any potential partner must have the capability and conviction to strengthen our ability to create an industry powerhouse, win amid industry consolidation, lead through innovation and champion our cultural values. "We are pleased to have found that in Brown & Brown.' In April this year, Brown & Brown (Europe) acquired Irvine Commercial Insurance Brokers, a Kenilworth-based company specialising in insurance broking services for small and medium-sized enterprises in the UK. "Brown & Brown to buy Accession Risk Management for $9.82bn " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Toronto Star
10-06-2025
- Business
- Toronto Star
Brown & Brown, Inc. enters into agreement to acquire Accession Risk Management Group
DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE: BRO), and John Mina, chief executive officer of Accession Risk Management Group, Inc. ('Accession'), today announced that Brown & Brown has entered into an agreement to acquire RSC Topco, Inc. ('RSC'), the holding company for Accession. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals. Under the terms of the agreement, Brown & Brown will acquire RSC on a cash and debt-free basis at the time of acquisition for a gross purchase price of $9.825 billion. The parties previously submitted filings in respect of the Transaction under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the waiting period for such filings has already expired.
Yahoo
07-06-2025
- Yahoo
Man with 2 guns shot by Orange County deputy after allegedly punching him in the face 20 times
The Brief An Orange County deputy shot a man on Saturday morning after the man allegedly punched him in the face more than 20 times and then reached for a bag with two guns. The man was transported to the hospital and is now in stable condition. The deputy was also transported to the hospital for his head injuries and is expected to recover. The deputy is currently on paid administrative leave, and body camera footage of the incident will be released soon. ORANGE COUNTY, Fla. - An Orange County deputy shot a man on Saturday morning after the man allegedly punched him in the face 20 times and then reached for a bag with two guns. What we know Orange County Sheriff John Mina hosted a news conference on Saturday to share details about the deputy-involved shooting that took place earlier this morning. Mina said a deputy responded to reports of a man acting suspiciously behind a Save Discount store on Hiawassee Road shortly before 8 a.m. The deputy said they approached the man to ask what he was doing in a fenced-in area behind the store. They said the man then jumped the fence as if he was going to speak the deputy, but instead grabbed a bag from the ground and started to run. The deputy grabbed the man to stop him, but the man started to hit the deputy. Mina said the man punched the deputy in the face about 20 times, with the fight lasting one minute and 16 seconds. During the fight, officials said two guns fell out of the man's bag. The man got off the deputy and ran towards the guns, picking them up off the ground. The deputy then shot the man multiple times. The man was transported to the hospital and is now in stable condition. The deputy was also transported to the hospital for his head injuries and is expected to recover. What's next Officials say the man is being charged with aggravated battery on a law enforcement officer, and additional charges are possible. Mina said the man has an extensive criminal history, including robbery and larceny. The deputy is currently on paid administrative leave, and body camera footage of the incident will be released soon. The Florida Department of Law Enforcement (FDLE) is investigating the incident and will then turn its findings over to the state attorney's office for review. What we don't know Authorities have not yet released the identities of the suspect or the deputy. This is a developing story. Check back later for more updates. STAY CONNECTED WITH FOX 35 ORLANDO: Download the FOX Local app for breaking news alerts, the latest news headlines Download the FOX 35 Storm Team Weather app for weather alerts & radar Sign up for FOX 35's daily newsletter for the latest morning headlines FOX Local:Stream FOX 35 newscasts, FOX 35 News+, Central Florida Eats on your smart TV The Source This story was written based on information shared by the Orange County Sheriff's Office in a press conference on June 7, 2025.
Yahoo
07-06-2025
- Yahoo
Orange deputy shoots attacker who punched him in face more than 20 times in Pine Hills, sheriff says
An Orange County deputy sheriff shot a man who attacked him Saturday morning while he was checking on a suspicious person behind a Pine Hills discount store, according to Sheriff John Mina. Mina, who declined to identify the man or the deputy who shot him, said he will be charged with aggravated battery on a law enforcement officer plus additional charges related to the firearms he had. First aid was provided on scene for the man's gunshot wounds until paramedics arrived to transport him to a hospital where he was last reported in stable condition, the sheriff said during a news conference a few hours after the altercation. The deputy was also taken to a hospital to be checked for a head injury and is currently in good condition. 'This case just illustrates how dangerous it is for our deputies, Mina said. 'One minute our deputy's helping this guy over the fence to find out what he's doing and within seconds he's being punched in the face … in a fight for his life. 'I'm extremely proud of the deputy and the training that we put our deputies through because it showed in this fight. The sheriff said the incident began around 8 a.m. when the deputy approached a man in a fenced-in area behind the Save Discount store on North Hiawassee Road to ask what he was doing there. The man jumped the fence as if he was going to speak to the deputy but instead grabbed a bag off the ground and tried to flee. The deputy grabbed the man to detain him but he started punching him in the face repeatedly. 'He punched him in the face probably 10 times. Our deputy was in this struggle (and) fight with this man for a minute and 16 seconds,' he said. 'This is an extremely long time to be in a fight, especially when you're being punched in the face.' During the altercation the deputy fell onto his back and the man punched him in the head at least 10 more times, Mina said. As the struggle continued two objects, later determined to be handguns, fell out of the man's bag. 'The man ran toward those firearms, picked those firearms up, and that's when our deputy used his service weapon and struck the man several times.' he said. Mina said the man has an extensive criminal history of 'just doing bad guy stuff from robbery to larceny to a slew of other charges.' Video of the altercation obtained from the deputy's body-worn cameras will be released as soon as possible, he said, adding there is also footage from the store's surveillance camera. The Florida Department of Law Enforcement will investigate the incident, as is standard in officer-involved shootings, and turn its findings over to the State Attorney's Office. Once that review is complete the Sheriff's Office will do an internal investigation. The deputy is being put on paid administrative leave — also standard procedure.
Yahoo
04-06-2025
- General
- Yahoo
Editorial: Leaders' resolve on Pulse memorial reflects our community's strength
It's time. It's time. It's past time. Orange County Mayor Jerry Demings knows the truth of those words more than most. As the county's elected sheriff, he left his home in the pre-dawn hours of June 12, 2016 to rush to the site of downtown Orlando's Pulse nightclub. He'd stay there for nearly 24 hours, working beside his friend John Mina (who was at the time Orlando's police chief) as law enforcement frantically sought to rescue those trapped inside. Demings will likely never forget that night, nor the weeks and months that followed. There are so many more Central Floridians who have horrific memories engraved on their souls. The survivors who huddled and hid as a gunman stalked through the club. The emergency-department staffers who worked tirelessly to save as many lives as they could. The family members who pleaded to know if their sons, daughters, spouses, friends or other loved ones were among the dead. Community leaders like Orlando Commissioner Patty Sheehan, the county's first openly gay elected official, who rushed to the site and tried to comfort family members' fear and grief. And the millions of Central Floridians who fought to reconcile the knowledge that their home had become the site of the worst mass shooting in the nation's history — up until that point. (Sadly, it's been eclipsed). Those survivors may not need a memorial to recall the horror of those early dawn hours. But they deserve one, especially if it nurtures the lasting changes that brought Orlando-area residents together in anguish and solidarity. That compassion has centered on the LGBTQ+ community that formed the base of Pulse's clientele, and the young Hispanics who came from across Central Florida for a weekly celebration of Latin music. It was an outpouring of acceptance that transcended the political, changing Orlando for good, and for the better. It lives on in many local residents's stubborn resistance to anti-immigrant crusades and attempts to marginalize sexual minorities. The names and faces of the 49 'angels' who died that night should never be forgotten. Nor should the terror of another 53 who were wounded but survived. The psychological scars of those who ran for their lives, or who huddled in hiding while waiting for rescue, also deserve acknowledgement. Most of all, the tragic lessons of this hate crime should be memorialized in the hopes that it avoids a repeat. And the resilience of local residents — their steadfast refusal to let Orlando and its surroundings be redefined by hate — should be celebrated. That's why Orange County residents should applaud the leadership of elected county and city leaders, who are joining forces to insist on (and pay for) a memorial on the site of the nightclub at the corner of Orange Avenue and Kaley Street. Orlando Mayor Buddy Dyer pushed for the city to take the lead after the collapse of the nonprofit foundation that was supposed to build the memorial. The wait has been infuriating, stretching the boundaries of trust and raising serious questions about what happened to millions of dollars raised toward the ostensible goal of creating a suitable tribute. Local leaders should continue to push — through any means at their disposal — for a thorough audit of OnePulse, the nonprofit that solicited money toward a memorial yet stumbled again and again. But the plans for a $12 million memorial, developed under the guidance of Orlando city government, are heartbreakingly beautiful — a glowing tribute of brightly colored glass, flowing water and the names of those angels who now stand as guardians to this community's resilience, hope and love. Plans unveiled before the County Commission Tuesday show a site that will offer ample opportunity for reflection — both of the tragedy that brought Central Floridians to their knees, and the inspiration leading them to stand together in solidarity and service without prejudice. Commissioners spent nearly two hours discussing the city's request to contribute $5 million toward the cost of the memorial, but the outcome was never seriously in doubt. The biggest point of strife: Who would make the motion to proceed with the donation. Demings took that victory by fiat, and it's hard to criticize his decision. His early, strong leadership almost certainly broke down barriers among more conservative communities that might otherwise have responded to the massacre with silence — or worse. There are still big questions ahead, including a continued probe into the failures of the OnePulse Foundation. City and county leaders should work together to demand answers. Some community members may also criticise the decision to remove most — possibly all — of the nightclub building and its iconic sign as the memorial is constructed. Certainly, their shared financial contribution gives every Orange County resident the right to voice their opinion; for more information, visit But that should not obscure the victory here, and Orange County and Orlando residents should be rightly proud of their elected leaders for insisting that plans for a memorial move forward — despite the delays and abuse of trust. Once again, this community has chosen to transcend tragedy and hatred with hope and unity. It is the right decision, and within two years this city should have a fitting memorial to the sacrifice of young people who only wanted to dance and have fun, without boundaries or prejudice. It is time. It is past time. The Orlando Sentinel Editorial Board consists of Opinion Editor Krys Fluker, Executive Editor Roger Simmons and Viewpoints Editor Jay Reddick. 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