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Raymond James Cuts Brown and Brown (BRO) Target by $8
Yahoo Finance· 2026-02-28 12:32
Group 1 - Raymond James has lowered the price target for Brown & Brown, Inc. (BRO) from $90 to $82 while maintaining an Outperform rating [1] - The decline in insurance brokers and insurance-technology equities is approximately 22% year-to-date due to rising investor concerns regarding AI-driven displacement [1] - Despite market volatility, credit spreads and management guidance remain stable, indicating fundamental business health [1] Group 2 - Brown & Brown, Inc. has acquired the assets of American Adventure Insurance through its division, Brown & Brown Dealer Services (BBDS) [2] - The acquisition aims to enhance BBDS's specialized F&I and dealership insurance solutions [2] - Brown & Brown, Inc. is one of the world's largest insurance brokerages, founded in 1939 and headquartered in Florida [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Brown & Brown, Inc. - BRO
Globenewswire· 2026-02-24 22:37
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Brown & Brown, Inc. (“Brown & Brown” or the “Company”) (NYSE: BRO).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Brown & Brown and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On J ...
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Brown & Brown, Inc. (NYSE: BRO) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2026-02-17 23:11
Group 1 - Edelson Lechtzin LLP is investigating Brown & Brown, Inc. for potential violations of federal securities laws due to allegations of misleading business information [1] - Brown & Brown reported a 2.8% decline in organic revenue for Q4 2025, attributed to reduced flood claims processing activity [1] - The company experienced a loss of approximately $23 million in annual revenue due to 275 former employees leaving for a competitor, which impacted its stock price, causing a drop of $5.50 per share or 6.91% [1]
Is Wall Street Bullish or Bearish on Brown & Brown Stock?
Yahoo Finance· 2026-02-17 13:48
Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services. Valued at $23.4 billion by market cap, the company also provides risk management, employee benefit administration, and managed health care services. Shares of this leading insurance brokerage firm have considerably underperformed the broader market over the past year. BRO has declined 38.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.8%. In 2026, BRO stock is dow ...
Brown & Brown, Inc. acquires the assets of The Protectorate Group Insurance Agency, Inc., doing business as American Adventure Insurance
Globenewswire· 2026-02-17 11:45
Core Insights - Brown & Brown, Inc. has acquired the assets of American Adventure Insurance, enhancing its Dealer Services division [1][2] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, with over 700 locations and a workforce of more than 23,000 professionals [3] - American Adventure specializes in dealership insurance solutions for various vehicles, including motor homes, boats, and motorcycles, and offers F&I products to automotive dealers [2] Leadership and Integration - Paul Bender, owner of American Adventure, will lead the integration of his team into Brown & Brown Dealer Services, reporting to Mike Neal, president of BBDS [2][3] - The acquisition aims to expand BBDS's capabilities and provide innovative solutions for dealers across the country [3] Strategic Importance - The acquisition is expected to leverage American Adventure's network of over 1,500 dealerships, combined with Brown & Brown's extensive product offerings, to create a scalable platform for growth [3]
Brown & Brown names Dorothea Henderson as Chief Information Technology Officer
ReinsuranceNe.ws· 2026-02-17 09:00
Core Viewpoint - Brown & Brown, Inc. has appointed Dorothea Henderson as Chief Information Technology Officer to enhance its technology strategy and digital capabilities [1][2]. Group 1: Appointment and Role - Dorothea Henderson will direct the company's enterprise technology strategy and oversee efforts to expand digital capabilities [1][2]. - Henderson will collaborate with segment and functional leaders to improve tools and processes, advance data and AI strategy, and strengthen system reliability and security [3]. Group 2: Leadership and Vision - Powell Brown, President and CEO, emphasized Henderson's strategic perspective and operational discipline, which are crucial for delivering modern solutions and enhancing customer experience [4]. - Henderson expressed excitement about joining Brown & Brown and the opportunity to advance digital capabilities to support long-term growth [4]. Group 3: Background and Experience - Henderson previously served as Senior Vice President and Chief Digital Information Officer at CareFirst BlueCross BlueShield, where she led enterprise IT and digital initiatives [4]. - She has 18 years of experience at Collins Aerospace, holding leadership roles in various technology domains [5]. - Henderson holds a bachelor's degree in finance and accounting from Penn State and is recognized as a 2025 Modern Healthcare Leading Women honoree [5].
Brown & Brown (BRO) Announces Accelerated Share Repurchase, Flags Evolving Market Trends
Yahoo Finance· 2026-02-13 13:43
Group 1: Share Repurchase Announcement - Brown & Brown, Inc. announced a $250 million accelerated share repurchase program with Bank of America, part of a broader $1.5 billion share buyback authorization approved by the board on October 22, 2025 [1] Group 2: Market Trends Report - The 2026 Market Trends report indicates that rate conditions are shifting in favor of buyers who are prepared for renewals and have a solid claims record, while certain industries and coverage lines may continue to experience firm pricing and stricter terms [2] - This report is the first since Brown & Brown's acquisition of Risk Strategies in 2025, combining insights from specialists across both organizations for a comprehensive view of the commercial insurance landscape [3] Group 3: Market Conditions and Challenges - The report highlights that while capital and underwriting capacity are improving in some market areas, challenges persist, particularly in commercial lines facing large losses and high-risk exposures [4] - In employee benefits, employers are increasingly utilizing digital tools to manage costs and attract talent, while personal insurance in catastrophe-prone regions continues to encounter tighter conditions [4] - Brown & Brown emphasizes its scale and global reach as significant advantages in assisting clients to navigate these evolving market challenges [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Brown & Brown, Inc. - BRO
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices by Brown & Brown, Inc. following a decline in financial performance and employee turnover [1] Financial Performance - Brown & Brown reported a 2.8% decrease in organic revenue for Q4 2025, primarily due to a decline in flood claims processing revenue [1] - The company experienced a loss of $23 million in annual revenue as 275 former employees joined a competitor [1] Stock Market Reaction - Following the negative news, Brown & Brown's stock price fell by $5.50 per share, or 6.91%, closing at $74.12 per share on January 27, 2026 [1]
Brown & Brown sees rate conditions shifting in favour of prepared buyers
ReinsuranceNe.ws· 2026-02-12 15:00
Core Insights - The 2026 Market Trends report by Brown & Brown, Inc. indicates that rate conditions in several insurance sectors are becoming more favorable for buyers who prepare for renewals and maintain strong claims performance [1][4] - The report highlights sectors and product lines where pricing is expected to remain high and underwriting standards will be more stringent [2] Group 1: Market Overview - The 2026 edition is the first report following Brown & Brown's acquisition of Risk Strategies, combining expertise to analyze commercial insurance, employee benefits, and personal insurance markets [3] - Overall market capacity has increased, but conditions vary significantly by segment, with heightened competition in commercial insurance creating opportunities for well-managed risks [4] Group 2: Sector-Specific Insights - Large-scale loss events, such as wildfires and cyber incidents, continue to impact underwriting decisions and pricing, particularly affecting industries like transportation and hospitality [4] - In the employee benefits sector, employers are focusing on cost management while maintaining coverage quality, leading to increased adoption of digital health tools [5] - Personal insurance markets are influenced by climate-related volatility and regulatory changes, with properties at risk of wildfires facing tighter requirements and sustained pricing pressure [6] Group 3: Practical Implications - The report aims to provide practical insights for businesses, employers, and individuals navigating insurance decisions in a complex environment [7] - Brown & Brown's national scale, international reach, and specialized expertise are positioned to support clients as market conditions evolve [7]
Brown & Brown, Inc. announces entry into accelerated share repurchase program
Globenewswire· 2026-02-12 11:45
Core Viewpoint - Brown & Brown, Inc. has initiated an accelerated share repurchase program for $250 million as part of a larger $1.5 billion share repurchase authorization [1] Group 1: Share Repurchase Program - The company has entered into an accelerated share repurchase program (ASR) with Bank of America, N.A. for $250 million of its common stock [1] - This ASR is part of a board-approved share repurchase authorization totaling $1.5 billion, which was announced on October 22, 2025 [1] Group 2: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm that has been providing comprehensive and customized insurance solutions since 1939 [2] - The company operates globally with over 700 locations and employs more than 23,000 professionals [2] - Brown & Brown is committed to delivering scalable and innovative strategies for its customers throughout their growth journey [2]