Welcome to our dedicated page for Brown & Brown news (Ticker: $BRO), a resource for investors and traders seeking the latest updates and insights on Brown & Brown stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brown & Brown's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brown & Brown's position in the market.
Rhea-AI Summary
Brown & Brown, Inc. (NYSE:BRO) to Acquire Caton-Hosey Insurance Assets
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
-
Rhea-AI Summary
Brown & Brown, Inc. (NYSE:BRO) completes the acquisition of ABS Risk, LLC and ABS Operations, LLC, leading administrators of warranty products in the automotive aftermarket. ABS offers nationwide parts and labor repair warranties, national road hazard programs, and component-specific warranties. ABS team to be led by CEO Michael Cox, reporting to Mike Neal, president of Brown & Brown Dealer Services (BBDS).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
-
Rhea-AI Summary
Bridge Specialty Group, the Wholesale Brokerage segment of Brown & Brown, Inc. (BRO), has appointed Tim Coles as the chief executive officer (CEO) for its European brokerage operations, effective January 1, 2024. Tim brings extensive experience in the insurance industry, previously serving as CEO of Xenia Broking Group and holding leadership positions at Howden. This appointment reflects Bridge Specialty Group's commitment to enhancing its London brokerage capabilities and expanding its market access and product offerings for customers globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
Rhea-AI Summary
Brown & Brown, Inc. has announced an agreement with Davies Group Ltd. to sell four third-party administrator businesses and establish a long-term strategic commercial relationship. The transaction is expected to close in December 2023. The four businesses being acquired by Davies include American Claims Management, Preferred Governmental Claims Services, USIS, and ICA. All 600 employees of the TPA Operations will transition to Davies. Brown & Brown will also leverage Davies' claims services capabilities to enhance their core brokerage and programs operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
-
Rhea-AI Summary
Brown & Brown, Inc. has been Certified™ by Great Place To Work® for the fifth year in a row and included on the 2023 Fortune Best Workplaces for Women™ List. The company prioritizes its teammates, customers, and communities and is committed to maintaining a workplace environment that embraces diversity and celebrates unique talents. Brown & Brown was also awarded the Platinum Level Bell Seal for Workplace Mental Health by Mental Health America and named one of the Best Workplaces™ in Financial Services & Insurance by Great Place To Work & Fortune.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
-
Rhea-AI Summary
Brown & Brown, Inc. reports Q3 2023 financial results with revenues of $1,067.7 million, an increase of 15.1% compared to Q3 2022. Net income for the quarter was $175.9 million, a 9.2% increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
Tags
Rhea-AI Summary
Brown & Brown, Inc. announces a 13% increase in regular quarterly cash dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
-
Rhea-AI Summary
Brown & Brown, Inc. acquires assets of Pacific Underwriters
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
-
Rhea-AI Summary
Brown & Brown, Inc. completes acquisition of Kentro Capital Limited
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
Rhea-AI Summary
Brown & Brown, Inc. (NYSE: BRO) will release its 2023 third-quarter earnings on October 23, 2023. A conference call will be hosted on October 24, 2023, to discuss the financial results. The call will be broadcast live on the company's website at 8:00 a.m. EDT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
Brown & Brown, Inc.
NYSE:BRO
BRO Rankings
BRO Stock Data
25.30B
222.15M
16.35%
74.14%
0.91%
Insurance Agencies and Brokerages
Finance and Insurance
United States of America
DAYTONA BEACH
About BRO
brown & brown is an independent insurance intermediary that, through its licensed subsidiaries, provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. becoming a teammate at brown & brown insurance introduces you to a career with virtually unlimited possibilities. our unique corporate culture rewards self-starters and hard workers who adhere to our commitment to do what is best for our clients. with brown & brown you will get the training, the mentoring and the tools you need to succeed. headquartered in daytona beach, we are located all across the united states, with products and services offered through four major business divisions. we are listed on the nyse at bro. our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. this unique culture has enabled us to quickly chase down new opportunities, adap