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Brown & Brown Q4 net income steady as FY results drift down

Brown & Brown, the giant US broker, said that fourth quarter net income was steady - although full year result fell by 15%.

Full year net income fell to $166.1m, down from $190.9m a year earlier. Fourth quarter net income rose slightly to $33.3m from $33m in the first quarter of 2007.

The numbers were down for the year

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