reports
Brown & Brown, Inc. announces first quarter 2024 results, including to...
Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13 per share DAYTONA BEACH, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter of 2024. Revenues for the first quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1,258 million, increasi...
Brown & Brown, Inc. acquires the assets of CHAPP, Inc. and Citrus Insu...
Brown & Brown, Inc. acquires the assets of CHAPP, Inc. and Citrus Insurance Services, Inc. DAYTONA BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Bucky and Cindy Payne, the owners of CHAPP, Inc. (“CHAPP”) and Citrus Insurance Services, Inc. (“Citrus Insurance”), today announced that Brown & Brown has acquired the assets of CHAPP and Citrus Insurance. CHAPP and Citrus Insurance are essential risk management partners for their customers in Florida and across the U.S. by providing insurance solutions for all ...
Brown & Brown, Inc. announces senior leadership team appointments
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 t...
Brown & Brown, Inc. announces 2024 first-quarter earnings release and ...
Brown & Brown, Inc. announces 2024 first-quarter earnings release and conference call dates DAYTONA BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 first-quarter earnings on Monday, April 22, 2024, after the close of the market. On Tuesday, April 23, 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 first-quarter 2024 financial results...
Brown & Brown Inc: 1 director
A director at Brown & Brown Inc sold 236,000 shares at 85.637USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
Brown & Brown, Inc. acquires the assets of DealerMax
Brown & Brown, Inc. acquires the assets of DealerMax DAYTONA BEACH, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Maxim, Jr. and Jim Maxim, Sr., the owners of DealerMax (“DealerMax”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired the assets of DealerMax. DealerMax, originally founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves dealer customers in Pennsylvania and throughout the Northeast. Under the leadership of Jim Maxim, Jr., DealerMax has continued to enhance the succe...
Brown & Brown, Inc. acquires the assets of Hillco Insurance
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 dee...
Brown & Brown, Inc. announces fourth quarter 2023 results, including t...
Brown & Brown, Inc. announces fourth quarter 2023 results, including total revenues of $1,026.2 million, an increase of 13.8%; Organic Revenue growth of 7.7%; diluted net income per share of $0.94; Diluted Net Income Per Share - Adjusted of $0.58; and a new alignment of its businesses into three segments DAYTONA BEACH, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2023. Revenues for the fourth quarter of 2023 under U.S. generally accepted accounting pri...
Kathleen A. Savio named to Brown & Brown, Inc. board of directors
Kathleen A. Savio named to Brown & Brown, Inc. board of directors DAYTONA BEACH, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of Kathleen A. Savio, former chief transformation officer of Zurich Insurance Group, to Brown & Brown’s board of directors. H. Palmer Proctor, Jr., Brown & Brown’s lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown’s board of directors, said, “Kathleen joins us on the heels of an impressive career at Zurich spanning more than three decades. Her broad knowledge of t...
Brown & Brown, Inc. announces quarterly cash dividend
Brown & Brown, Inc. announces quarterly cash dividend DAYTONA BEACH, Fla., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The dividend is payable on February 14, 2024, to shareholders of record on February 2, 2024. 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 approximately 16,000 teammates and 500+ locations worldwide, we are comm...
Brown & Brown, Inc. announces 2023 fourth-quarter earnings release and...
Brown & Brown, Inc. announces 2023 fourth-quarter earnings release and conference call dates DAYTONA BEACH, Fla., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2023 fourth-quarter earnings on Monday, January 22, 2024, after the close of the market. On Tuesday, January 23, 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 fourth-quarter 2023 financial r...
Brown & Brown, Inc. enters into agreement to acquire Automotive Busine...
Brown & Brown, Inc. enters into agreement to acquire Automotive Business Solutions DAYTONA BEACH, Fla., Dec. 08, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Michael Cox and Craig Sanford, the management owners of ABS Risk, LLC and ABS Operations, LLC (collectively, “ABS”), today announced that Brown & Brown Dealer Services has completed the acquisition of ABS. With more than twenty years of experience in the marketplace, ABS is a leading administrator of warranty products in the automotive aftermarket, providing nationwide pa...
Bridge Specialty Group announces appointment of Tim Coles as chief exe...
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, ...
Brown & Brown, Inc. announces sale of certain third-party administer b...
Brown & Brown, Inc. announces sale of certain third-party administer businesses and enters into long-term strategic relationship with Davies Group Ltd. DAYTONA BEACH, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), today announced an agreement with Davies Group Ltd. (“Davies”) that includes the sale of four third-party administrator (“TPA”) businesses and a long-term strategic commercial relationship. The transaction is expected to close in December of 2023, subject to certain closing conditions. The four claims and ...
Brown & Brown, Inc. Certified™ by Great Place To Work® for the fifth c...
Brown & Brown, Inc. Certified™ by Great Place To Work® for the fifth consecutive year; included on the 2023 Fortune Best Workplaces for Women™ list DAYTONA BEACH, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. (“Brown & Brown”) and our team of companies have been Certified™ by Great Place To Work® for the fifth year in a row, in addition to being included on the 2023 Fortune Best Workplaces for Women™ List. “Our unique culture prioritizes our teammates, ...
Brown & Brown, Inc. announces third quarter 2023 results, including to...
Brown & Brown, Inc. announces third quarter 2023 results, including total revenues of $1,067.7 million, an increase of 15.1%; Organic Revenue growth of 9.6%; diluted net income per share of $0.62; and Diluted Net Income Per Share - Adjusted of $0.71 DAYTONA BEACH, Fla., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the third quarter of 2023. Revenues for the third quarter of 2023 under U.S. generally accepted accounting principles ("GAAP") were $1,067.7 million, increasing $140.1 million, or 15.1%, com...
Brown & Brown, Inc. announces 13% increase in quarterly cash dividend ...
Brown & Brown, Inc. announces 13% increase in quarterly cash dividend rate DAYTONA BEACH, Fla., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The dividend is payable on November 15, 2023, to shareholders of record on November 1, 2023. The dividend represents a 13% increase from the previous regular quarterly cash dividend of $0.1150 per share and is Brown & Brown’s 30th consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. (NYS...
Brown & Brown, Inc. announces the asset acquisition of The Pacific Und...
Brown & Brown, Inc. announces the asset acquisition of The Pacific Underwriters Corporation DAYTONA BEACH, Fla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Diane M. Darling, Randall R. Flem and Richard C. Rodruck, the shareholders of The Pacific Underwriters Corporation (“Pacific Underwriters”), today announced that a subsidiary of Brown & Brown, Inc. has acquired substantially all of the assets of Pacific Underwriters. With roots dating back to 1941, Pacific Underwriters acts as a program manager on behalf of certa...
Brown & Brown, Inc. completes the acquisition of Kentro Capital Limite...
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...
Brown & Brown, Inc. announces 2023 third-quarter earnings release and ...
Brown & Brown, Inc. announces 2023 third-quarter earnings release and conference call dates DAYTONA BEACH, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2023 third-quarter earnings on Monday, October 23, 2023, after the close of the market. On Tuesday, October 24, 2023, 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 2023 financial res...
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