Brown & Brown, Inc.'s SEC filings document the operations, governance and capital structure of a diversified insurance agency, wholesale brokerage and insurance programs organization. Form 8-K filings furnish quarterly and annual operating results, Regulation FD materials, investor presentations, Global Impact Report disclosures and material-event updates tied to the company's insurance distribution business.
Proxy materials cover shareholder voting matters, board governance and executive compensation, including incentive metrics based on organic revenue growth and adjusted EBITDAC margin. The filing record also addresses dividends, risk factors, forward-looking-statement cautions and capital-structure disclosures for the company's common stock.
Brown & Brown president and CEO J. Powell Brown, who also serves as a director, reported acquiring 474 shares of the company’s common stock on 12/15/2025 at a price of $0.00 per share. After this transaction, he directly owned 2,812,487 common shares.
He also reported additional holdings through the company’s 2019 and 2010 stock incentive plans and a performance stock plan, along with indirect holdings in a 401(k), a charitable lead annuity trust, and shares held by his children, for which he disclaims beneficial ownership.
Capital World Investors filed a Schedule 13G reporting beneficial ownership of 17,503,659 shares of Brown & Brown, Inc. common stock, representing 5.3% of the class as of 09/30/2025.
The filer reports sole voting power over 17,503,659 shares and sole dispositive power over 17,503,659 shares, with no shared power. The filing notes the stake equals 5.3% of 329,842,812 shares believed outstanding. The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.
The Vanguard Group filed Amendment No. 12 to Schedule 13G reporting its beneficial ownership of Brown & Brown, Inc. (BRO) common stock. Vanguard reports 37,330,892 shares beneficially owned, representing 11.31% of the class as of 09/30/2025.
The filing lists 0 shares with sole voting power and 1,719,399 shares with shared voting power. Vanguard has sole dispositive power over 34,575,677 shares and shared dispositive power over 2,755,215 shares. The filer is classified as an investment adviser (IA).
Vanguard states the securities were acquired and are held in the ordinary course of business and not to change or influence control. Vanguard’s clients have rights to dividends and sale proceeds related to the reported securities, and no single other person’s interest exceeds 5%.
Brown & Brown, Inc. (BRO) reported third‑quarter results and closed a major acquisition. Q3 2025 total revenues were $1,606 million, up from $1,186 million a year ago, driven by higher base commissions and fees across Retail and Specialty Distribution. Net income attributable to the Company was $227 million versus $234 million, with diluted EPS of $0.68 versus $0.81.
The Company completed the acquisition of RSC Topco, Inc. (Accession) for $9,598 million, including $8,293 million in cash and $612 million in common stock, with an escrow structure recorded as a liability subject to mark‑to‑market. To fund the deal, BRO issued new senior notes and completed a follow‑on common stock offering, contributing to long‑term debt of $7,653 million at quarter‑end and total debt of $7,728 million. Cash from financing was $7,851 million; investing cash outflows were $7,701 million primarily for acquisitions.
Total assets rose to $29,354 million, including goodwill of $14,891 million and amortizable intangibles of $4,952 million. Shares outstanding were 341,420,790 as of October 24, 2025.
Brown & Brown, Inc. furnished a current report to announce its results of operations for the third quarter ended September 30, 2025. The company issued a press release on October 27, 2025, and attached it as Exhibit 99.1.
The information provided under Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act, and it is not incorporated by reference into other filings except as expressly stated.
Brown & Brown, Inc. (BRO) announced a leadership update. Effective October 17, 2025, Stephen P. Hearn, the company’s Executive Vice President and Chief Operating Officer, was appointed President of the Retail Segment. He assumes these duties from P. Barrett Brown, who began a personal leave of absence on the same date. Hearn will continue serving as Executive Vice President and Chief Operating Officer while leading the Retail Segment.
Brown & Brown, Inc. filed Amendment No. 1 to a prior Form 8-K to add detailed financial information related to its completed acquisition of RSC Topco, Inc. The filing includes audited consolidated financial statements of RSC Topco and its subsidiaries for the fiscal years ended December 31, 2024 and 2023 and unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2025 and 2024. It also provides unaudited pro forma condensed combined financial information for Brown & Brown, giving effect to the RSC transaction in a combined balance sheet as of March 31, 2025 and combined income statements for the three months ended March 31, 2025 and the year ended December 31, 2024. These materials are furnished as Exhibits 99.1, 99.2 and 99.3, along with an auditor consent.
Brown & Brown, Inc. filed a current report describing a reorganization of how it reports its business segments following its acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The company will combine its Programs and Wholesale Brokerage segments into a single new Specialty Distribution segment.
Beginning in the third quarter of 2025, effective July 1, 2025, Brown & Brown will report financial results under two segments: Retail and Specialty Distribution. To help investors compare periods, the company is furnishing Exhibit 99.1, which provides unaudited historical segment information for multiple quarters in 2024 and 2025 and for each full year from 2020 to 2024, recast to reflect the new segment structure. The company states that this reorganization does not change its previously reported consolidated income statements, balance sheets, cash flow statements, comprehensive income, or shareholders’ equity.
Brown & Brown, Inc. filed an 8-K reporting an executive background disclosure for an individual who most recently served as Hanes' Chief Administrative Officer from 2016 to 2021 and earlier held the roles of Chief Legal Officer, General Counsel and Corporate Secretary at Hanes from 2007 to 2021. The filing also notes prior service as Executive Vice President, General Counsel and Corporate Secretary of RARE Hospitality International, Inc. from 2001 to 2007. The submission is a biographical disclosure summarizing the executive's corporate legal and administrative experience; it does not include compensation terms, effective dates, or other transaction details.
Joia M. Johnson, listed at a Daytona Beach, FL address, filed an Initial Statement of Beneficial Ownership (Form 3) for Brown & Brown, Inc. (BRO) reporting the event date 08/13/2025. The form identifies Ms. Johnson as a Director and states no securities are beneficially owned either directly or indirectly. The filing is signed by Ms. Johnson on 08/15/2025, confirming the absence of equity holdings to report under Section 16.