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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 9, 1995
POE & BROWN, INC.
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(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Florida 0-7201 59-0864469
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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220 S. Ridgewood Avenue, Daytona Beach, Florida 32114
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (904) 239-7250
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N/A
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(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant
Effective October 9, 1995, Poe & Brown, Inc. (the "Company") appointed
Arthur Andersen & Company, LLP as its independent accountants for the remainder
of 1995. The Company's Audit Committee recommended the appointment, which was
approved by the Board of Directors.
The Board of Directors did not renew the engagement of Ernst & Young LLP,
the Company's former independent accountants. The report of Ernst & Young on
the Company's financial statements for the past two years contained no adverse
opinion or disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles. During the Company's two
most recent fiscal years, and through the date of this Report, there has been
no disagreement with Ernst & Young on any matter of disclosure, or auditing
scope or procedure, which disagreement, if not resolved to Ernst & Young's
satisfaction, would have caused it to make reference to the subject matter of
the disagreement in connection with its report.
The Company has provided Ernst & Young with a copy of the disclosures
contained in this Report and has requested that Ernst & Young furnish it with a
letter addressed to the Securities and Exchange Commission (the "SEC") stating
whether it agrees with the above statements. A copy of Ernst & Young's letter
to the SEC, dated October 16, 1995, is filed as Exhibit 16 to this Report.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Exhibit Number Description
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16 Letter from Ernst & Young LLP, the registrant's
former independent accountants
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
POE & BROWN, INC.
(Registrant)
By: /s/ James A. Orchard
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James A. Orchard, Vice President,
Chief Financial Officer, and Treasurer
Date: October 16, 1995
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EXHIBIT 16
LETTER FROM ERNST & YOUNG LLP
October 16, 1995
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of Form 8-K dated October 9, 1995, of Poe & Brown, Inc. and
are in agreement with the statements contained in the second paragraph of Item
4. We have no basis to agree or disagree with other statements of the
registrant contained therein.
Yours very truly,
/s/ Ernst & Young LLP
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Ernst & Young LLP
