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.
Brown & Brown, Inc. (NYSE: BRO) is an insurance brokerage firm in the insurance agencies and brokerages industry, active in property, casualty and employee benefits insurance and related risk management services. This news page aggregates company-issued updates and other coverage so readers can follow developments that affect Brown & Brown’s operations, strategy and financial performance.
Recent news for Brown & Brown includes quarterly earnings announcements, details on segment reporting, leadership changes and acquisition activity. The company regularly issues press releases about its financial results, such as third-quarter performance metrics, Organic Revenue growth and non-GAAP measures like EBITDAC and EBITDAC Margin – Adjusted. These releases are often paired with information about investor conference calls and webcasts, allowing market participants to hear management’s commentary on business trends.
Brown & Brown also reports on corporate actions and strategic moves. Examples in the supplied materials include the acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, and the acquisition of the assets of the J. Kevin Campbell Agency, which focuses on workers’ compensation insurance solutions. Leadership updates, such as appointments within the Retail segment and changes to the board of directors, are another recurring theme in the company’s news flow.
Capital allocation decisions feature prominently as well. Brown & Brown has announced increases in its regular quarterly cash dividend and authorizations for additional share repurchases. Together with earnings releases, these items provide insight into how the company manages its balance sheet and returns capital to shareholders.
Investors, analysts and other interested readers can use this news feed to monitor Brown & Brown’s earnings releases, acquisitions, segment reorganizations, leadership appointments and capital markets activity over time.
Brown & Brown (NYSE: BRO) will announce its 2024 second-quarter earnings on July 22, 2024, after the market closes.
Following the release, a conference call hosted by CEO J. Powell Brown and CFO R. Andrew Watts will take place on July 23, 2024, at 8:00 a.m. EDT. Investors can access the live broadcast and subsequent 14-day replay on the company's website.
Gray Nester, Executive Vice President and Chief Information Officer of Brown & Brown, will deliver the keynote address at Insurity's Excellence in Insurance conference, scheduled for October 28-30 at OMNI Amelia Island Resort, Florida. Nester will share his expertise on transformative leadership, organizational culture, and connectivity, backed by his 25 years of experience in financial services and technology. Brown & Brown, the world's seventh-largest insurance brokerage, has been offering risk management solutions for 85 years. The conference aims to bring together over 300 experts from 115+ insurance companies and MGAs to discuss and generate innovative ideas for the P&C insurance sector.
Brown & Brown, a leading insurance brokerage firm, announced the acquisition of McNamara Company, a family-owned agency established in 1970. McNamara, offering insurance solutions nationwide, will integrate with the Brown & Brown office in Phoenix. The transaction aims to enhance Brown & Brown's commercial and personal insurance lines, especially for franchise owners. McNamara's team will report to Scott Jones, Phoenix team leader. This acquisition reflects Brown & Brown's commitment to expanding its services and capabilities.
Bridge Specialty Group, a niche-focused wholesale entity, has welcomed Public Entities of America (PEA) to its team. PEA, a leading brokerage in the public sector and risk management marketplace, will join Apex Insurance Agency, a part of Bridge Specialty. Michelle Hill, Apex’s vice president, and Karl Snearer, Apex’s president, praised the merger, highlighting PEA’s innovative risk solutions and talented professionals. This move aims to bolster Apex’s capabilities in serving the public sector across the United States.
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