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 ...

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]

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 ...

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]

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].

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]

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]

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]

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]

Financial Performance - Total commissions and fees for 2025 reached $5,763 million, a 22.5% increase from $4,705 million in 2024[18] - The Retail segment generated $3,386 million in commissions, accounting for 58.7% of total commissions in 2025, compared to 57.8% in 2024[18] - The Specialty Distribution segment reported $2,379 million in commissions, representing 41.3% of total commissions in 2025, up from 42.2% in 2024[18] - International operations generated $843 million in revenues for 2025, a 26.8% increase from $665 million in 2024[18] Business Operations - The company operates in 468 domestic locations across 47 states and 246 international locations[16] - The company has realigned its business segments from three to two, consolidating Programs and Wholesale Brokerage into a new Specialty Distribution segment[15] - The Specialty Distribution segment includes programs, wholesale brokerage, and specialty businesses, providing niche solutions for complex risks[23] Workforce and Culture - The Retail segment employed 14,531 employees as of December 31, 2025, supporting a broad range of insurance products and services[22] - As of December 31, 2025, the Specialty Distribution segment employed 7,905 employees across multiple countries including the United States, Belgium, and the United Kingdom[32] - In 2025, the company expanded its team by nearly 5,794 teammates through 43 acquisitions, indicating a strong growth strategy[47] - The company reported no widespread layoffs or pay cuts in 2025, demonstrating stability in its workforce amid external economic factors[48] - In 2025, 92% of teammates rated the company as a Great Place to Work®, marking the seventh consecutive year of certification[49] - The company has 13 Teammate Resource Groups (TRGs) aimed at promoting diversity and inclusion within the workforce[52] - In 2025, there were no work-related fatalities and only 39 injuries or occupational diseases reported, reflecting a commitment to workplace safety[61] - Over 60% of U.S. teammates participate in the Teammate Stock Purchase Plan (TSPP), fostering an ownership culture[44] - The company emphasizes holistic well-being, providing access to mental health resources and promoting a healthy work-life balance[55] - The company operates under a meritocracy, providing growth opportunities based on performance and initiative[42] Market and Investment Risks - The insurance intermediary business is highly competitive, with numerous firms competing based on innovation, service quality, and pricing[33] - As of December 31, 2025, the company had $632 million outstanding under the Second Amended and Restated Credit Agreement and the Loan Agreement tied to the Secured Overnight Financing Rate (SOFR) [328] - The fair value of the company's invested assets at December 31, 2025, approximated their carrying values due to their short-term duration, indicating minimal market risk [326] - The company does not actively invest or trade in equity securities and generally disposes of any equity securities received shortly after acquisitions [327] - An immediate hypothetical 10% change in interest rates would not have a material effect on the company's Consolidated Financial Statements [328] - The majority of the company's international operations do not have material transactions in currencies other than their functional currency, reducing exposure to transactional currency rate risk [329] - The company is subject to translation exchange rate risk due to operations in British pounds, Canadian dollars, and euros, but a 10% hypothetical change in foreign currency exchange rates would not materially affect the financial statements [329] - Market risk is defined as the potential loss from adverse changes in market rates and prices, including interest rates and foreign exchange rates [325] - The company’s investments include cash equivalents, marketable debt securities, and U.S. treasury securities, which are subject to interest rate risk [326] Strategic Growth - The acquisition of RSC Topco, Inc. is expected to enhance the company's growth strategy, although risks related to integration and financing exist[15] - The company has a history of strategic acquisitions, with J. Scott Penny serving as chief acquisitions officer since 2011 [73] - The company has been involved in business development strategies, product expansion, and acquisitions since Chris L. Walker joined in 2003 [74]