Brown & Brown Inc.
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
IPO Year:
Exchange: NYSE
Website: bbinsurance.com
Recent Analyst Ratings for Brown & Brown Inc.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2025 | $128.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/5/2024 | $134.00 | Overweight | Morgan Stanley |
| 9/24/2024 | $120.00 | Buy | Argus |
| 9/5/2024 | $108.00 | Equal Weight | Barclays |
| 8/12/2024 | $94.00 → $112.00 | Equal Weight → Overweight | Wells Fargo |
| 5/22/2024 | $91.00 → $101.00 | Underperform → Neutral | BofA Securities |
| 3/13/2024 | $80.00 → $86.00 | Neutral → Underperform | BofA Securities |
| 1/9/2024 | $85.00 → $78.00 | Buy → Hold | Jefferies |
| 1/8/2024 | $84.00 → $83.00 | Neutral → Buy | Goldman |
| 1/8/2024 | $81.00 | Sector Perform → Outperform | RBC Capital Mkts |
Brown & Brown Inc. Press Releases
Fastest customizable press release news feed in the world
K2 Insurance Services Launches K2 Cyber, a Modern MGA for SMB Cyber Insurance
Founded by Cyber Insurance veterans from CyberPolicy, Beazley and Liberty Mutual K2 Cyber, a division of K2 Insurance Services, announces today the launch of their SMB Cyber Insurance program. K2 Cyber's unique program provides Intelligent Cyber Insurance™ through continuous risk engineering, cutting-edge prevention and mitigation tools, and robust cyber education. K2 Cyber's Intelligent Cyber Insurance is an advanced, data-driven approach to cyber risk protection that leverages AI, behavioral analytics, real-time threat intelligence, SaaS integrations, and automated risk assessments to provide tailored and proactive cyber coverage for businesses and individuals. It moves beyond static (p
Brown & Brown, Inc. announces 2025 first-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2025 first-quarter earnings on Monday, April 28, 2025, after the close of the market. On Tuesday, April 29, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's first-quarter 2025 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbrown.com and click on "Investor Relations" and then "Calen
Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer
DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee. As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling o
Brown & Brown, Inc. announces fourth quarter 2024 results, including total revenues of $1.2 billion, an increase of 15.4%; Organic Revenue growth of 13.8%; diluted net income per share of $0.73; and Diluted Net Income Per Share - Adjusted of $0.86
DAYTONA BEACH, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2024. Revenues for the fourth quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $158 million, or 15.4%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 15.4% and Organic Revenue increasing by 13.8%. Income before income taxes was $275 million, decreasing 22.8% from the fourth quarter of the prior year with Income Before Income Taxes Margin decreasing to 23.2% from 34.7% as a result of a gain on disposal o
Brown & Brown, Inc. announces quarterly cash dividend
DAYTONA BEACH, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on February 12, 2025, to shareholders of record on February 5, 2025. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 17,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com
Brown & Brown, Inc. announces 2024 fourth-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EST. Simply log on to www.bbinsurance.com and click on "Investor Relations" and t
Bridge Specialty Group, LLC acquires the assets of American Risk Management Resources Network
DAYTONA BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC ("ARMR"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of ARMR. ARMR is a specialty wholesale environmental insurance brokerage platform serving production partners nationwide. The ARMR team combines a deep knowledge of environmental risks and insurance with customized environmental insurance placement designs. ARMR will continue to operate from Madison, Wisconsin, under the operational leadersh
Brown & Brown, Inc. earns 2025 Military Friendly® Employer designation
DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation. "Our Military Friendly® Employer designation is a result of strong collaboration across teams, including our Veterans Teammate Resource Group. Their insights and dedication help us create a more inclusive and supportive culture for veterans, spouses and the military community. Bringing service members onto the Brown & Brown team is not just about supporting those who serve or have served; it's about building a stronger, more resilient organization. The leadership skills, discipline and work ethic demo
Brown & Brown, Inc. announces Paul Gallagher as controller
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
Brown & Brown, Inc. completes the acquisition of Quintes Holding B.V.
DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. This press release may contain certain statements relating to future results
Brown & Brown Inc. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Brown & Brown downgraded by Morgan Stanley with a new price target
Morgan Stanley downgraded Brown & Brown from Overweight to Equal-Weight and set a new price target of $128.00
Morgan Stanley initiated coverage on Brown & Brown with a new price target
Morgan Stanley initiated coverage of Brown & Brown with a rating of Overweight and set a new price target of $134.00
Argus initiated coverage on Brown & Brown with a new price target
Argus initiated coverage of Brown & Brown with a rating of Buy and set a new price target of $120.00
Barclays initiated coverage on Brown & Brown with a new price target
Barclays initiated coverage of Brown & Brown with a rating of Equal Weight and set a new price target of $108.00
Brown & Brown upgraded by Wells Fargo with a new price target
Wells Fargo upgraded Brown & Brown from Equal Weight to Overweight and set a new price target of $112.00 from $94.00 previously
Brown & Brown upgraded by BofA Securities with a new price target
BofA Securities upgraded Brown & Brown from Underperform to Neutral and set a new price target of $101.00 from $91.00 previously
Brown & Brown downgraded by BofA Securities with a new price target
BofA Securities downgraded Brown & Brown from Neutral to Underperform and set a new price target of $86.00 from $80.00 previously
Brown & Brown downgraded by Jefferies with a new price target
Jefferies downgraded Brown & Brown from Buy to Hold and set a new price target of $78.00 from $85.00 previously
Brown & Brown upgraded by Goldman with a new price target
Goldman upgraded Brown & Brown from Neutral to Buy and set a new price target of $83.00 from $84.00 previously
Brown & Brown upgraded by RBC Capital Mkts with a new price target
RBC Capital Mkts upgraded Brown & Brown from Sector Perform to Outperform and set a new price target of $81.00
Brown & Brown Inc. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
Exec VP Chief Op Officer Hearn Stephen Patrick was granted 3,248 shares (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP and Pres.- Retail Segment Brown P Barrett covered exercise/tax liability with 8,071 shares and was granted 12,904 shares, decreasing direct ownership by 95% to 66,479 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP/ Pres Wholesale Brokerage Boyd Stephen M covered exercise/tax liability with 6,413 shares and was granted 10,636 shares, decreasing direct ownership by 28% to 59,611 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP, CFO and Treasurer Watts R. Andrew covered exercise/tax liability with 9,938 shares and was granted 18,783 shares, decreasing direct ownership by 19% to 90,359 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
President and CEO Brown J Powell was granted 74,749 shares and covered exercise/tax liability with 42,588 shares, decreasing direct ownership by 92% to 221,847 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP Chief Acquisitions Officer Penny Jerome Scott covered exercise/tax liability with 7,098 shares and was granted 12,456 shares, decreasing direct ownership by 76% to 65,426 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP and Pres. Programs Div. Walker Chris L covered exercise/tax liability with 4,531 shares and was granted 13,352 shares, decreasing direct ownership by 66% to 55,095 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP/Chief People Officer Turpin Julie was granted 8,144 shares and covered exercise/tax liability with 1,392 shares, increasing direct ownership by 69% to 47,811 units (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
Chairman Brown Hyatt J gifted 100,360 shares (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
EVP and Pres.- Retail Segment Brown P Barrett gifted 100,360 shares (SEC Form 4)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
Brown & Brown Inc. SEC Filings
Brown & Brown Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
SEC Form DEFA14A filed by Brown & Brown Inc.
DEFA14A - BROWN & BROWN, INC. (0000079282) (Filer)
SEC Form DEF 14A filed by Brown & Brown Inc.
DEF 14A - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Leadership Update
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Leadership Update
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
SEC Form 10-Q filed by Brown & Brown Inc.
10-Q - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. filed SEC Form 8-K: Leadership Update
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Brown & Brown Inc. Leadership Updates
Live Leadership Updates
Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer
DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee. As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling o
Brown & Brown, Inc. announces Paul Gallagher as controller
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
Brown & Brown, Inc. announces senior leadership team appointments
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret
Brown & Brown, Inc. announces senior leadership team appointments
DAYTONA BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of David Putz and Niels Seebeck to the senior leadership team. President and chief executive officer Powell Brown remarked, "With our continued strong business growth comes the need to tap into our deep ranks of key leaders to provide additional, unique perspectives and insights that will help drive us forward. I am excited to welcome David and Niels to our senior leadership team. Each of them brings extensive industry experience, particularly within the programs space, and their contributions will further enable our mission of being the leading global pro
Brown & Brown, Inc. acquires the assets of Hillco Insurance
DAYTONA BEACH, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Hunter Hill, the founder of Hillco Insurance ("Hillco"), today announced that Brown & Brown has acquired the assets of Hillco. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. The Hillco team is focused on providing insurance solutions for their wide range of customers with deep understanding of unique needs of the Texas insurance market. Hillco will join the Brown & Brown office in Dallas and will continue to be led by Hunter Hill. Hunt
Bridge Specialty Group announces appointment of Tim Coles as chief executive officer for European brokerage operations
DAYTONA BEACH, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Bridge Specialty Group, the Wholesale Brokerage segment of Brown & Brown, Inc. (NYSE:BRO), announced that Tim Coles has been named chief executive officer (CEO) for the European brokerage operations of Bridge Specialty Group, effective January 1, 2024. Most recently, he served as CEO of Xenia Broking Group, part of Kentro Capital Limited, which was acquired in October 2023. Tim began his insurance career at Howden, where he served for 13 years, first as CEO of the London broking business and then as CEO of Howden Broking Group. Stephen M. Boyd, president of Bridge Specialty Group, shared, "Over the last few years, we have been dilige
Brown & Brown, Inc. completes the acquisition of Kentro Capital Limited
DAYTONA BEACH, Fla., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Kentro Capital Limited into the operations of Brown & Brown Europe. Mike Bruce, chief executive officer of Brown & Brown Europe, said, "We are very excited to welcome Kentro to the Brown & Brown team. The opportunity to collaborate with Colin and our new Xenia and Nexus teammates while adding their unique capabilities to our already robust service offerings will further strengthen our presence in the U.K., Western Europe and the U.S., as well as position us for continued growth." Colin Thompson, group CEO of Kentro, added, "Th
Brown & Brown, Inc. announces the appointment of Barry Hensley as chief security officer and Rob Burch as chief information security officer
DAYTONA BEACH, Fla., June 01, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Barry Hensley as chief security officer (CSO) and Rob Burch as chief information security officer (CISO) for Brown & Brown. Gray Nester, the Company's chief information officer, said, "With the addition of a CSO role and the talents of Barry and Rob, Brown & Brown is investing in our business's long-term success and future. Barry's service in the armed forces and with a leading security firm, paired with Rob's experience working for Fortune 500 companies, brings new depth to our team, enabling us to strengthen our security framework." Barry has extensive
Brown & Brown, Inc. announces the appointment of Pattysue Rauh as chief audit officer
DAYTONA BEACH, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Pattysue Rauh as chief audit officer for Brown & Brown, effective July 2023. Rauh will also serve on the senior leadership team. In this new role, Rauh will lead the Company's internal audit and compliance operations, overseeing internal controls. She will transition from her current role as executive vice president of national employee benefits within Brown & Brown's Retail segment over the coming month. Andy Watts, chief financial officer, said, "Pattysue has been a valuable part of the Brown & Brown team for more than 25 years. She has served in various
Brown & Brown, Inc. announces the appointment of Robert Mathis as chief legal officer
DAYTONA BEACH, Fla., April 10, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Robert Mathis as chief legal officer for Brown & Brown. Mathis will also serve on the senior leadership team. Powell Brown, president and chief executive officer, remarked, "I am very pleased to announce the appointment of Robert as our chief legal officer and a member of our senior leadership team. Brown & Brown was built on a foundation deeply rooted in honesty and integrity, and Robert's more than 30 years as a legal professional well positions him to continue upholding the high standards of business ethics that we have throughout our Company." Before
Brown & Brown Inc. Financials
Live finance-specific insights
Brown & Brown, Inc. announces 2025 first-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2025 first-quarter earnings on Monday, April 28, 2025, after the close of the market. On Tuesday, April 29, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's first-quarter 2025 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbrown.com and click on "Investor Relations" and then "Calen
Brown & Brown, Inc. announces fourth quarter 2024 results, including total revenues of $1.2 billion, an increase of 15.4%; Organic Revenue growth of 13.8%; diluted net income per share of $0.73; and Diluted Net Income Per Share - Adjusted of $0.86
DAYTONA BEACH, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2024. Revenues for the fourth quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $158 million, or 15.4%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 15.4% and Organic Revenue increasing by 13.8%. Income before income taxes was $275 million, decreasing 22.8% from the fourth quarter of the prior year with Income Before Income Taxes Margin decreasing to 23.2% from 34.7% as a result of a gain on disposal o
Brown & Brown, Inc. announces quarterly cash dividend
DAYTONA BEACH, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on February 12, 2025, to shareholders of record on February 5, 2025. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 17,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com
Brown & Brown, Inc. announces 2024 fourth-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EST. Simply log on to www.bbinsurance.com and click on "Investor Relations" and t
Bridge Specialty Group, LLC acquires the assets of American Risk Management Resources Network
DAYTONA BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC ("ARMR"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of ARMR. ARMR is a specialty wholesale environmental insurance brokerage platform serving production partners nationwide. The ARMR team combines a deep knowledge of environmental risks and insurance with customized environmental insurance placement designs. ARMR will continue to operate from Madison, Wisconsin, under the operational leadersh
Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0.81; and Diluted Net Income Per Share - Adjusted of $0.91
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $118 million, or 11.0%, compared to the third quarter of the prior year, with commissions and fees increasing by 10.1% and Organic Revenue increasing by 9.5%. Income before income taxes was $317 million, increasing 31.0% from the third quarter of the prior year with Income Before Income Taxes Margin increasing to 26.7% from 22.7%. EBITDAC - Adjusted was $414 million, increasing 11.9% fro
Brown & Brown, Inc. announces 15% increase in quarterly cash dividend rate
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024. The dividend represents a 15% increase from the previous regular quarterly cash dividend of $0.13 per share and is Brown & Brown's 31st consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ location
Brown & Brown, Inc. acquires the assets of The Canopy Group
DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group. The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves over 16,000 customers throughout Minnesota. Paul Borchert and Jeff McDonald will continue to lead The Canopy Group operations from their offices in Minnesota. Rich Knudson, senior vic
Brown & Brown, Inc. announces 2024 third-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's third-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on "Investor Relations" and th
Brown & Brown, Inc. enters into an agreement to acquire Quintes Holding B.V.
DAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. ("Quintes"), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required regulatory approvals for the acquisition. Quintes was founded in 2012 by Gijsbert van de Nieuwegiessen and is one of the largest independent insurance brokers in the Netherlands. Quintes
Brown & Brown Inc. Large Ownership Changes
This live feed shows all institutional transactions in real time.
Amendment: SEC Form SC 13G/A filed by Brown & Brown Inc.
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
Amendment: SEC Form SC 13G/A filed by Brown & Brown Inc.
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SEC Form SC 13G/A filed by Brown & Brown Inc. (Amendment)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SEC Form SC 13G/A filed by Brown & Brown Inc. (Amendment)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SEC Form SC 13G/A filed by Brown & Brown Inc. (Amendment)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SEC Form SC 13G/A filed by Brown & Brown, Inc. (Amendment)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)